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Pine Lake, AB

Updated: Aug 2016
House
Median price $326,000
Monthly growth 37.29 %
Quarterly trend
Stock on market 0.12%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Pine Lake Home Price

The median asking price in Pine Lake is $326,000, an improvement on the median three months ago which was $440,000 .

When our research team crunched the numbers we calculated that Pine Lake has a median home price of $326,000.

Investors looking for properties in Pine Lake are most likely to find 3 bedroom homes on offer this month, with 2 bedroom potential investment properties the second most popular.

Alberta has the fourth most amount of properties available to property investors, with Pine Lake having 160th most in the province, out of a total of 339.

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

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Pine Lake there is more stock than three months ago. This would indicate pressure on prices easing.

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

In Pine Lake, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.

Beds Median price (House) Median price (Apartment)
2 bedrooms $326,000
3 bedrooms $359,450
Demographics
  • Population in 201118351
  • Population in 200618649
  • 2006 to 2011 population change (%)-1.6
  • Total private dwellings7703
  • Private dwellings occupied by usual residents6643
  • Population density per square kilometre4.6
  • Land area (square km)3949