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Lomond, AB

Updated: Aug 2016
House
Median price $150,000
Monthly growth -6.19 %
Quarterly trend
Stock on market 2.94%
Apartment
Median price $90,000
Monthly growth 0.00 %
Quarterly trend
Stock on market 2.94%

Lomond Home Price

Lomond, Alberta has a median house price of $150,000 when compiling all the home listings in Aug .

According to our stats, Lomond is the neighbourhood that has the 257th most properties available to real estate investors in Alberta.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Lomond will hopefully provide an indicator to help you where to research in-depth

In Lomond, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.

Lomond was Canada’s 1010th most expensive suburb by listed median house price this month.

Lomond, Alberta has a median house price of $90,000 when compiling all the home listings in Aug .

Alberta has the fourth most amount of properties available to property investors, with Lomond having 69th most in the province, out of a total of 99.

Can we guarantee how well Lomond 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.

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Lomond have increased which would tend to indicate that demand is not as high as supply.

Beds Median price (House) Median price (Apartment)
2 bedrooms $59,950
Demographics
  • Population in 2011173
  • Population in 2006175
  • 2006 to 2011 population change (%)-1.1
  • Total private dwellings102
  • Private dwellings occupied by usual residents80
  • Population density per square kilometre134.9
  • Land area (square km)1.28