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Red Willow, AB

Updated: Jun 2016
House
Median price $124,500
Monthly growth -10.43 %
Quarterly trend
Stock on market 0.10%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Red Willow Home Price

When our research team crunched the numbers we calculated that Red Willow has a median home price of $124,500.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.

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

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

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.

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

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

Demographics
  • Population in 20115089
  • Population in 20065189
  • 2006 to 2011 population change (%)-1.9
  • Total private dwellings1922
  • Private dwellings occupied by usual residents1744
  • Population density per square kilometre1.3
  • Land area (square km)4005.1