Alberta Housing Market Community Statistics
Find Alberta housing market statistics & community reports. Currently 15,464 active Alberta real estate listings with the highest priced real estate listings around $36,000,000.00 lowest priced property $1 for an average price $1,307,596.61. View Alberta homes for sale photos, community information, sales history updated every 10 minutes and may include open houses. Property types may include detached, single family, luxury homes plus townhomes, Golf course homes, foreclosures, lake homes including Alberta real estate.Community Reviews & Trends
Realtors say out-of-province buyers making up more of their share of clientsRealtors say they're seeing a significant uptick in out-of-province buyers snatching up homes in Calgary.
The city's real estate market has been hot for the past six months, seeing unusually high levels of action.
Some of that heat is coming from Ontarians and B.C. residents, among others, deciding to make a new home in Alberta or to buy investment properties here.
"A lot of folks I work with come through on my website and we're probably seeing maybe 40-50 per cent of those are from out of province," said Adam Sharek, a Realtor with CIR Realty.
"It's something I haven't really experienced in my nine years in real estate."
Sharek says the trend really started to be noticeable in the final months of 2021 — and he isn't the only one seeing a shift in real estate clientele.
Lower prices surprise out-of-province buyers
Adil Thobani, one of Sharek's colleagues, says on average about 10 per cent of his clients are from outside Alberta. That breakdown is now closer to 30 per cent — many of them cashing in on expensive properties in Vancouver and Toronto, looking for more house for less money.
"Whether they're looking for investment — some are actually moving either back to Calgary or for the first time to Calgary because their family is here — they're shocked that they can pick up these sizes of houses at this price," Thobani said.
Year-to-date total property sales in Calgary are already up almost 40 per cent over the same point last year, from 9,217 to 12,859. According to the Calgary Real Estate Board, prices are up and the average length of time a house sits on the market is shrinking. Home sales in 2021 were 71 per cent higher than in 2020.
The board's forecast report for 2022 shows sales activity improved across all major centres in the province, but the largest gains occurred in Calgary.
More people moving to Calgary
"Interprovincial migration from other provinces has flipped back positive in the past few quarters," Michael Mak, a senior analyst for the Canadian Mortgage and Housing Corporation, told CBC News.
"So there is evidence of people from other provinces moving into Alberta and, of course, moving into Calgary."
Data from the Government of Alberta shows net interprovincial migration in the last quarter of 2021 was 3,451, with international migration at 9,489.
Priced out of Ontario, homebuyers turn their eyes to Calgary real estate market
Alberta led the country in interprovincial migration in the last three months of the year. That's the first time since 2015 that Alberta has led a quarter.
On a net basis, the majority of Alberta's new interprovincial migrants in the fourth quarter came from Ontario.
The average home price in Calgary now is around $535,000, a far cry from the average of $1.3 million in Toronto.
Mak says house prices in Calgary are likely to remain stable but added the market is likely to level off a little as more supply comes online to match the demand.
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Alberta Real Estate Market Information
Alberta real estate statistics housing market also features a variety of amenities, unique public attractions local area parks. Compare residents community reviews & ratings with a list of homes coming soon and more. Research community crime statistics, city demographics, beautiful walking paths. Nearby golf course homes, local businesses with zone maps, mortgage rates, past sales history, dates and prices. Explore virtual open house community events, community recreation, apartments for rent plus daily breaking news. View by Map, by area, geography, phone number or a list of schools by subdivision. Locate public schools, catholic schools plus nearby french immersion schools with the best community business directory information available. You’ll always be a part of the action in this vibrant and bustling community with easy access to shops, restaurants, and local parks. Top rated REALTORS® are ready to answer your questions about the neighbourhoods, newest real estate information and more.
Alberta Community Business Directory
We know the challenges agents and local businesses have faced so starting Now all businesses cann add themselves to our community directory and access new features enabling them to share vital information such as new opening hours, videos, updated ways of operating or delivery options. Screened real estate agents have passed background and license checks conducted by their real estate brokerages on our network. SCREENED agents verifies that their professional licenses are current and that background checks have been completed and are kept up to date. Agents are promoting and highlighting locally owned stores, restaurants, businesses. Alberta REALTORS® believe in giving back to the communities they support and live in. We all do what we can to support local events, charities, associations, schools, churches and local business. All Postings will be manually verified before approval and displayed. We do not guarantee the accuracy or authenticity of the information we collect. Please add useful and complete information beneficial to consumers visiting local Alberta communities for quick approval to our Multi-Channel Community Advertising & Marketing Network.
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Frequently Asked Alberta Community Questions
Here are frequently asked questions about the real estate statistics in local neighbourhoods. You will find frequently asked question about the community of Alberta.
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What is the Market Statistics in Alberta?
As the Alberta market moves toward more balanced conditions, we are also starting to see the pace of price growth slow. The benchmark home price continued to trend up, but the monthly gain slowed to less than one per cent.
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What is the Market Report Summary?
Average sold prices dropped by 3% month-over-month but are still up by 7% year-over-year, Inventory continued to increase for all property types.
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Do I really need a REALTORS® when buying a home?
Yes, When buying a home, it’s strongly recommended you have a Alberta REALTOR®. There are many benefits why you should have a screened Alberta real estate agent represent your best interests when buying a home.
Alberta Community Demographics
Searching for information about the neighbourood of Alberta? For a general estimate of statistics including details on household incomes, age, marital status and population please view the link below.
- Currently there are 15,464 homes for sale in Alberta.
- The average price of real estate for sale in Alberta is $1,307,596.61.
- The highest price of properties for sale in Alberta is $36,000,000.00.
- The average square feet of the homes in Alberta is 2,391 sqft.
- There are currently homes for lease in Alberta subdivision.
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Alberta Overall Rating Community Reviews
Compare Alberta Community Reviews updates daily are authentic and manually verified, coming from those with direct experience of each community or business whether they live there or have a family member there. Our professional business and community reviews often come from actual visits to communities listed. Take all together, our reviews offer you a glimpse of life in communities, to help you know when one feels right for you.Alberta Community Directory:
Alberta community directory provides a common platform for local businesses, event planners and organized groups to advertise thier information online as well as provide a source of up to date local data for anyone planning, researching during the home buying process. Now you can connect with your community by supporting local associations as well your neighbours by providing more exposure locally to various businesses. We only accept local istings in order to maintain our integrity, support our communities.
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As a participant providing Alberta business and community reviews you should use caution and good judgment when assigning your reviews, ratings and writing customer reviews, comments. While we have our verification and safety protocols in place regarding the Calgary real estate agents displayed, we do not guarantee the accuracy or authenticity of the information we collect. IF you have any questions about this company or website, we encourage you to perform your due diligence before buying. All Surveys are manually approved to maintain the integrity of data contained on this network of Alberta real estate statistics.
