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Lac La Biche, AB

Updated: Aug 2016
House
Median price $410,000
Monthly growth 17.47 %
Quarterly trend
Stock on market 1.21%
Apartment
Median price $306,000
Monthly growth 3.72 %
Quarterly trend
Stock on market 0.21%

Lac La Biche Home Price

Canada’s national median home listing price this month is $290,900, which means that Lac La Biche is in the top 20% for Canada.

In Aug the median listed house price of $410,000 in Lac La Biche was an impressive compared to the rest of Alberta.

Lac La Biche’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Lac La Biche has a huge choice compared to the rest of the province

It’s never an exact art, but to try to forecast how property is going to appreciate in Lac La Biche for investors, it’s important to look at data like:

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Lac La Biche, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 50, this month we show 47.

Canada’s national median home listing price this month is $244,900, which means that Lac La Biche is in the top 20% for Canada.

Lac La Biche, Alberta has a median house price of $306,000 when compiling all the home listings in Aug .

In province, the most common property on the listings this month has 2 bedrooms, in this neighbourhood it’s 2.

There are 99 neighbourhoods that have more properties on sale than Lac La Biche at the moment in Alberta which puts the neighbourhood middle range when looking at the number of properties to choose from.

Can we guarantee how well Lac La Biche is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Lac La Biche, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 12, this month we show 8.

Beds Median price (House) Median price (Apartment)
2 bedrooms $202,000 $317,000
3 bedrooms $365,000
4 bedrooms $539,000
5 bedrooms $435,000
6 bedrooms $399,900
Demographics
  • Population in 20118402
  • Population in 20069123
  • 2006 to 2011 population change (%)-7.9
  • Total private dwellings3888
  • Private dwellings occupied by usual residents2989
  • Population density per square kilometre0.5
  • Land area (square km)16300.95