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Vegreville, AB

Updated: Aug 2016
House
Median price $249,725
Monthly growth -0.59 %
Quarterly trend
Stock on market 2.91%
Apartment
Median price $269,500
Monthly growth 8.27 %
Quarterly trend
Stock on market 0.26%

Vegreville Home Price

Across the country as a whole, Vegreville is pretty average 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 Vegreville has a median home price of $249,725.

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

Alberta has the fourth most amount of properties available to property investors, with Vegreville having 40th most in the province, out of a total of 339.

Can we guarantee how well Vegreville 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 Vegreville there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.

Across the nation CREW lists data for 1054 neighbourhoods, and this month Vegreville is number 308 putting it in the top half of the country .

The $269,500 price tag on the median Vegreville home means that it is above the cost of most houses in the country.

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

There are 99 neighbourhoods that have more properties on sale than Vegreville at the moment in Alberta which puts the neighbourhood middle range when looking at the number of properties to choose from.

Can we guarantee how well Vegreville 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 Vegreville there is more stock than three months ago. This would indicate pressure on prices easing.

Beds Median price (House) Median price (Apartment)
2 bedrooms $187,500 $248,900
3 bedrooms $259,900 $287,000
4 bedrooms $280,000
5 bedrooms $292,944
Demographics
  • Population in 20115717
  • Population in 20065519
  • 2006 to 2011 population change (%)3.6
  • Total private dwellings2680
  • Private dwellings occupied by usual residents2429
  • Population density per square kilometre410.6
  • Land area (square km)13.92