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New Sarepta, AB

Updated: Aug 2016
House
Median price $287,000
Monthly growth 8.51 %
Quarterly trend
Stock on market 0.07%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

New Sarepta Home Price

The median house price listed in New Sarepta this month is $287,000.

New Sarepta’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.

This month we track 230th neighbourhoods in Alberta, and New Sarepta has the 230th most choice available for real estate investors.

Can we guarantee how well New Sarepta 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 New Sarepta have stayed pretty much the same which would tend to indicate that demand is steady.

Will prices rise across the next year in in New Sarepta? There are a number of real estate indicators to consider.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in New Sarepta there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Beds Median price (House) Median price (Apartment)
3 bedrooms $264,472
Demographics
  • Population in 201113541
  • Population in 200613135
  • 2006 to 2011 population change (%)3.1
  • Total private dwellings5494
  • Private dwellings occupied by usual residents4963
  • Population density per square kilometre5.2
  • Land area (square km)2607.56