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Peers, AB

Updated: Aug 2016
House
Median price $432,450
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.13%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Peers Home Price

Across the country as a whole, Peers is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.

When our research team crunched the numbers we calculated that Peers has a median home price of $432,450.

In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.

This month we track 191th neighbourhoods in Alberta, and Peers has the 191th most choice available for real estate investors.

As one of Alberta’s many potential real estate investment neighbourhoods, Peers needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.

Over the last three months in Peers, housing stock available seems to be falling – this could mean that homes values might increase faster.

Will prices rise across the next year in in Peers? 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 Peers there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Find a mortgage broker in Peers, AB
Beds Median price (House) Median price (Apartment)
3 bedrooms $312,450
4 bedrooms $690,000
Demographics
  • Population in 201110469
  • Population in 200610045
  • 2006 to 2011 population change (%)4.2
  • Total private dwellings4708
  • Private dwellings occupied by usual residents4083
  • Population density per square kilometre0.5
  • Land area (square km)22296.26

Age Characteristics

Total population by age groups 10470
0 to 4 years 650
5 to 9 years 595
10 to 14 years 695
15 to 19 years 705
15 years 155
16 years 155
17 years 150
18 years 125
19 years 120
20 to 24 years 445
25 to 29 years 515
30 to 34 years 570
35 to 39 years 600
40 to 44 years 675
45 to 49 years 910
50 to 54 years 1030
55 to 59 years 935
60 to 64 years 685
65 to 69 years 535
70 to 74 years 365
75 to 79 years 290
80 to 84 years 150
85 years and over 110
Median age of the population 43.5
% of the population aged 15 and over 81.4

Marital Status

Total population 15 years and over by marital status 8525
Married or living with a common-law partner 5790
Married (and not separated) 4855
Living common-law 935
Not married and not living with a common-law partner 2735
Single (never legally married) 1650
Separated 180
Divorced 455
Widowed 450

Family Characteristics

Total number of census families in private households 3150
Size of census family: 2 persons 1755
Size of census family: 3 persons 545
Size of census family: 4 persons 520
Size of census family: 5 or more persons 335
Total number of census families in private households 3150
Total couple families by family structure and number of children 2860
Married couples 2395
Without children at home 1275
With children at home 1120
1 child 390
2 children 430
3 or more children 295
Common-law couples 465
Without children at home 290
With children at home 180
1 child 80
2 children 65
3 or more children 35
Total lone-parent families by sex of parent and number of children 290
Female parent 185
1 child 125
2 children 45
3 or more children 20
Male parent 105
1 child 70
2 children 25
3 or more children 10
Total children in census families in private households 3035
Under six years of age 765
6 to 14 years 1160
15 to 17 years 440
18 to 24 years 465
25 years and over 200
Average number of children at home per census family 1

Household And Dwelling Characteristics

Total number of persons in private households 10345
Number of persons not in census families 1295
Living with relatives 165
Living with non-relatives only 225
Living alone 905
Number of census family persons 9045
Average number of persons per census family 2.9
Total number of persons 65 years and over in private households 1375
Number of persons not in census families aged 65 years and over 410
Living with relatives 40
Living with non-relatives only 35
Living alone 330
Number of census family persons aged 65 years and over 965
Total number of private households by household type 4080
Census-family households 3085
One-family-only households 2865
Couple-family households 2645
Without children 1450
With children 1195
Lone-parent-family households 215
Other family households 220
One-family households with persons not in a census family 150
Couple-family households 110
Without children 45
With children 70
Lone-parent-family households 35
Two-or-more-family households 70
Non-census-family households 1000
One-person households 910
Two-or-more-person households 90
Total number of occupied private dwellings by structural type of dwelling 4085
Single-detached house 3270
Apartment, building that has five or more storeys 0
Movable dwelling 705
Other dwelling 110
Semi-detached house 10
Row house 5
Apartment, duplex 40
Apartment, building that has fewer than five storeys 45
Other single-attached house 10
Total number of private households by household size 4085
1 person 910
2 persons 1665
3 persons 565
4 persons 540
5 persons 260
6 or more persons 145
Number of persons in private households 10345
Average number of persons in private households 2.5

Designed to offer readers accurate, cutting-edge information to guide their investment decisions, each issue of Canadian Real Estate is filled with informative articles on a broad range of topics.

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