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Okotoks, AB

Updated: Aug 2016
House
Median price $400,000
Monthly growth
Quarterly trend
Stock on market 0.06%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Okotoks Home Price

The $400,000 price tag on the median Okotoks home means that it is quite highly priced by Canadian standards.

Across Alberta Okotoks has the 211th most properties on offer with 339.

When we look at the data we have, it can help with trying to establish whether or not Okotoks is a good investment target.

In Okotoks, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.

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

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

Beds Median price (House) Median price (Apartment)
2 bedrooms $199,900
Demographics
  • Population in 201124511
  • Population in 200617150
  • 2006 to 2011 population change (%)42.9
  • Total private dwellings8704
  • Private dwellings occupied by usual residents8423
  • Population density per square kilometre1273.8
  • Land area (square km)19.24