Real Estate Market Report for
Barrhead, AB

Updated : Aug 2016
House
  • Median price $244,000
  • Monthly growth 0.20 %
  • Quarterly trend
  • Stock on market 2.28%
Apartment
  • Median price $450,000
  • Monthly growth
  • Quarterly trend
  • Stock on market 0.16%
Barrhead Home Price

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The median asking price in Barrhead is $244,000, pretty close to the median three months ago which was $254,000 .

Barrhead, Alberta has a median house price of $244,000 when compiling all the home listings in Aug .

Investors looking for properties in Barrhead are most likely to find 4 bedroom homes on offer this month, with 3 bedroom potential investment properties the second most popular.

Alberta has the fourth most amount of properties available to property investors, with Barrhead having 60th most in the province, out of a total of 339.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Barrhead will hopefully provide an indicator to help you where to research in-depth

Over the last three months in Barrhead, housing stock available seems to be falling – this could mean that homes values might increase faster.

With a median listing price of $450,000, Barrhead is Canada’s 55th most expensive when ordered by median listing price.

With Barrhead’s median house price at $450,000 in Aug , it is high priced compared to the rest of Alberta.

There are 99 neighbourhoods that have more properties on sale than Barrhead at the moment in Alberta which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.

Can we guarantee how well Barrhead 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 Barrhead there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Beds Median price (House) Median price (Apartment)
2 bedrooms $167,450
3 bedrooms $239,000
4 bedrooms $259,000
5 bedrooms $289,000
Demographics
  • Population in 20114432
  • Population in 20064209
  • 2006 to 2011 population change (%)5.3
  • Total private dwellings1932
  • Private dwellings occupied by usual residents1805
  • Population density per square kilometre547.2
  • Land area (square km)8.1
  • Age Characteristics
    Total population by age groups 4430
    0 to 4 years 265
    5 to 9 years 250
    10 to 14 years 260
    15 to 19 years 240
    15 years 45
    16 years 40
    17 years 60
    18 years 50
    19 years 45
    20 to 24 years 255
    25 to 29 years 275
    30 to 34 years 220
    35 to 39 years 215
    40 to 44 years 230
    45 to 49 years 260
    50 to 54 years 275
    55 to 59 years 280
    60 to 64 years 255
    65 to 69 years 230
    70 to 74 years 230
    75 to 79 years 235
    80 to 84 years 200
    85 years and over 245
    Median age of the population 45
    % of the population aged 15 and over 82.5
  • Marital Status
    Total population 15 years and over by marital status 3650
    Married or living with a common-law partner 2025
    Married (and not separated) 1745
    Living common-law 280
    Not married and not living with a common-law partner 1625
    Single (never legally married) 780
    Separated 100
    Divorced 265
    Widowed 480
    Family Characteristics
    Total number of census families in private households 1165
    Size of census family: 2 persons 670
    Size of census family: 3 persons 195
    Size of census family: 4 persons 185
    Size of census family: 5 or more persons 110
    Total number of census families in private households 1165
    Total couple families by family structure and number of children 970
    Married couples 830
    Without children at home 475
    With children at home 355
    1 child 120
    2 children 140
    3 or more children 95
    Common-law couples 145
    Without children at home 75
    With children at home 70
    1 child 35
    2 children 20
    3 or more children 10
    Total lone-parent families by sex of parent and number of children 190
    Female parent 155
    1 child 100
    2 children 35
    3 or more children 25
    Male parent 35
    1 child 20
    2 children 10
    3 or more children 0
    Total children in census families in private households 1145
    Under six years of age 310
    6 to 14 years 465
    15 to 17 years 135
    18 to 24 years 155
    25 years and over 75
    Average number of children at home per census family 1
  • Household And Dwelling Characteristics
    Total number of persons in private households 4105
    Number of persons not in census families 830
    Living with relatives 75
    Living with non-relatives only 170
    Living alone 590
    Number of census family persons 3275
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 830
    Number of persons not in census families aged 65 years and over 310
    Living with relatives 15
    Living with non-relatives only 15
    Living alone 285
    Number of census family persons aged 65 years and over 520
    Total number of private households by household type 1805
    Census-family households 1145
    One-family-only households 1070
    Couple-family households 910
    Without children 515
    With children 400
    Lone-parent-family households 160
    Other family households 80
    One-family households with persons not in a census family 55
    Couple-family households 35
    Without children 25
    With children 15
    Lone-parent-family households 20
    Two-or-more-family households 20
    Non-census-family households 660
    One-person households 585
    Two-or-more-person households 75
    Total number of occupied private dwellings by structural type of dwelling 1805
    Single-detached house 1315
    Apartment, building that has five or more storeys 5
    Movable dwelling 35
    Other dwelling 450
    Semi-detached house 115
    Row house 80
    Apartment, duplex 25
    Apartment, building that has fewer than five storeys 225
    Other single-attached house 5
    Total number of private households by household size 1805
    1 person 590
    2 persons 665
    3 persons 225
    4 persons 200
    5 persons 80
    6 or more persons 45
    Number of persons in private households 4105
    Average number of persons in private households 2.3
Census 2011

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