Trending

Ads Google

Red Deer County, AB

Updated: Aug 2016
House
Median price $414,900
Monthly growth 51.42 %
Quarterly trend
Stock on market 0.10%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Red Deer County Home Price

Across the nation CREW lists data for 5162 neighbourhoods, and this month Red Deer County is number 696 putting it ahead of most neighbourhoods .

While the median for Alberta is $375,000 , which means that Red Deer County’s median price is $414,900 considerably better than the rest of the province.

This month we track 171th neighbourhoods in Alberta, and Red Deer County has the 171th most choice available for real estate investors.

Can we guarantee how well Red Deer County 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.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Red Deer County there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.

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

Over the last three months in Red Deer County, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

Find a mortgage broker in Red Deer County, AB
Beds Median price (House) Median price (Apartment)
2 bedrooms $339,450
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

Age Characteristics

Total population by age groups 18350
0 to 4 years 915
5 to 9 years 1075
10 to 14 years 1225
15 to 19 years 1360
15 years 290
16 years 280
17 years 275
18 years 285
19 years 235
20 to 24 years 970
25 to 29 years 830
30 to 34 years 900
35 to 39 years 1080
40 to 44 years 1225
45 to 49 years 1775
50 to 54 years 1815
55 to 59 years 1610
60 to 64 years 1295
65 to 69 years 890
70 to 74 years 630
75 to 79 years 395
80 to 84 years 230
85 years and over 130
Median age of the population 43.4
% of the population aged 15 and over 82.5

Marital Status

Total population 15 years and over by marital status 15135
Married or living with a common-law partner 10175
Married (and not separated) 9110
Living common-law 1060
Not married and not living with a common-law partner 4965
Single (never legally married) 3405
Separated 290
Divorced 770
Widowed 500

Family Characteristics

Total number of census families in private households 5415
Size of census family: 2 persons 2940
Size of census family: 3 persons 900
Size of census family: 4 persons 980
Size of census family: 5 or more persons 600
Total number of census families in private households 5410
Total couple families by family structure and number of children 4970
Married couples 4450
Without children at home 2325
With children at home 2120
1 child 700
2 children 860
3 or more children 555
Common-law couples 530
Without children at home 335
With children at home 190
1 child 90
2 children 80
3 or more children 30
Total lone-parent families by sex of parent and number of children 440
Female parent 305
1 child 190
2 children 70
3 or more children 45
Male parent 130
1 child 85
2 children 40
3 or more children 10
Total children in census families in private households 5350
Under six years of age 1085
6 to 14 years 2050
15 to 17 years 815
18 to 24 years 1075
25 years and over 325
Average number of children at home per census family 1

Household And Dwelling Characteristics

Total number of persons in private households 17535
Number of persons not in census families 1800
Living with relatives 225
Living with non-relatives only 425
Living alone 1150
Number of census family persons 15735
Average number of persons per census family 2.9
Total number of persons 65 years and over in private households 2240
Number of persons not in census families aged 65 years and over 480
Living with relatives 60
Living with non-relatives only 40
Living alone 385
Number of census family persons aged 65 years and over 1760
Total number of private households by household type 6645
Census-family households 5320
One-family-only households 5000
Couple-family households 4680
Without children 2520
With children 2160
Lone-parent-family households 330
Other family households 315
One-family households with persons not in a census family 230
Couple-family households 170
Without children 65
With children 110
Lone-parent-family households 60
Two-or-more-family households 90
Non-census-family households 1325
One-person households 1150
Two-or-more-person households 170
Total number of occupied private dwellings by structural type of dwelling 6640
Single-detached house 5550
Apartment, building that has five or more storeys 5
Movable dwelling 905
Other dwelling 185
Semi-detached house 105
Row house 65
Apartment, duplex 5
Apartment, building that has fewer than five storeys 5
Other single-attached house 5
Total number of private households by household size 6640
1 person 1150
2 persons 2870
3 persons 910
4 persons 1015
5 persons 460
6 or more persons 245
Number of persons in private households 17535
Average number of persons in private households 2.6

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.

Useful Links

Advertisement

Website Managed By

© 2021 Canadian Estate Wealth. All Rights Reserved by Merged Media