Millet Housing Market Statistics
Searching for Millet housing market statistics in Millet? Trusted Millet Neighbourhood Experts community of Top Millet real estate agents with comprehensive housing market reports, trends, prices and sales data. Our monthly analytics provide insights into the Millet housing market, including supply and demand, neighborhood housing prices, and affordability.
We analyze Millet housing market statistics, trends, declines, days on market and house values to give you a clear understanding of housing availability, prices, past sales, and relevant market data in Millet.
Millet Real Estate Market Report and Trends
Searching for Millet market reports and trends? Our REALTOR® partners are neighborhood experts in Millet. Millet REALTORS® can provide you with community demographics and statistics including details on household incomes, age, marital status and population living in private households.
- Currently 2 active homes for sale in Millet
- Average price of real estate in Millet: 217,450.00
- Highest priced listing in : 294,900.00
- View current real estate market trends in Millet
- Explore homes for rent in Millet
Frequently Asked Questions
As of September 2025, the Millet Real Estate reports:
- 2 active properties for sale
- Highest priced property: 294,900.00
- Lowest priced property: 140,000.00
- Average price: 217,450.00
Yes, Millet remains a strong seller's market with:
- Inventory: 1.5 months supply (balanced markets need 4-6)
- Sales-to-list ratio: 75% (above 60% indicates seller's market)
- Price reductions: Only 18% of listings reduce price
According to CREB's 2025 Q2 report, top areas by demand:
| Area | Price Range | Days on Market |
|---|---|---|
| Evanston (NW) | $500k-$700k | 9 |
| Auburn Bay (SE) | $600k-$900k | 11 |
| Bridgeland (Inner City) | $400k-$1.2M | 14 |
Despite Bank of Canada's 5% policy rate (June 2025):
- Calgary sales volume remains 12% above 5-year average
- 55% of buyers are opting for adjustable-rate mortgages
- New stress test rules allow 1% lower qualifying rate for insured mortgages
2025 Alberta Programs:
- First Home Savings Account (FHSA): $8,000/year contribution limit
- Alberta Home Buyer Program: 5% shared equity (max $50,000)
- City of Calgary Rebates: Up to $5,000 for energy-efficient homes
- Reduced Transfer Tax: $0 on first $450,000 for homes under $600k
Market indicators suggest:
- Price forecast: CREB predicts 6-8% appreciation through 2025
- Rent vs Buy: Average mortgage payments now 15% cheaper than equivalent rents
- Construction: Only 2,800 new units expected in 2024 (demand for 5,000+)
Most analysts recommend buying if you plan to hold for 5+ years.
Beyond purchase price, budget for:
| Cost | Typical Range |
|---|---|
| Property Transfer Tax | $200-$5,000 |
| Home Inspection | $400-$700 |
| Legal Fees | $1,000-$2,500 |
| Property Tax Adjustment | 0.5-1.5% of home value |
Millet Housing Market Trends
The Millet housing market trends are influenced by economic conditions, interest rates, demographic shifts, and supply/demand dynamics. Recent years have seen low interest rates fueling demand and creating a seller's market with rising prices and limited inventory. The COVID-19 pandemic also shifted housing preferences toward larger homes and suburban/rural areas. These trends continue to evolve, making it important to monitor economic indicators and local market factors.
Real Estate Directory
Search Millet real estate listings through our exclusive Alberta real estate referral network of hyper-local websites and professionals. Our REALTORS® support local communities through events, charities, and business associations.
Help us grow by adding local businesses, community events, festivals, associations, schools, and other valuable information. All submissions are manually verified before approval.
Add Business Listing
Millet Price Trends
Current Millet housing market data (updated September 17th 12:40am):
- 2 active properties for sale
- Highest priced property: 294,900.00
- Lowest priced property: 140,000.00
- Average price: 217,450.00
Property types include single-family homes, townhomes, and new construction. View detailed Millet real estate statistics.
Millet Community Statistics
All community statistics are verified from direct community experience, whether from residents or professional visits. Our statistics provide valuable insights to help you evaluate if Millet is right for you.
Millet Real Estate Market
Search Millet homes for sale by market segment. View our average sale price charts and current trends for a comprehensive market overview. With extensive property tax data, we offer one of the most effective real estate research tools in Alberta.
Our powerful search feature allows you to explore homes, apartments and foreclosures throughout Alberta with current valuation data.
