Real Estate Market Report for
Blackfalds, AB

Updated : Aug 2016
House
  • Median price $359,900
  • Monthly growth 33.34 %
  • Quarterly trend
  • Stock on market 5.82%
Apartment
  • Median price $247,450
  • Monthly growth 0.18 %
  • Quarterly trend
  • Stock on market 0.41%
Blackfalds Home Price

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Across the nation CREW lists data for 5162 neighbourhoods, and this month Blackfalds is number 975 putting it ahead of most neighbourhoods .

In Aug the median listed house price of $359,900 in Blackfalds was an above average compared to the rest of Alberta.

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

From our data, it appears that neighbourhood is number 191th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 10.

As one of Alberta’s many potential real estate investment neighbourhoods, Blackfalds needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.

If you are looking at investment properties in Blackfalds, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.

The median asking price in Blackfalds is $247,450, an improvement on the median three months ago which was $258,900 .

With Blackfalds’s median house price at $247,450 in Aug , it is about average compared to the rest of Alberta.

In province, the most common property on the listings this month has 2 bedrooms, in this neighbourhood it’s 2.

Alberta has the fourth most amount of properties available to property investors, with Blackfalds having 32th most in the province, out of a total of 99.

It’s never an exact art, but to try to forecast how property is going to appreciate in Blackfalds for investors, it’s important to look at data like:

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Blackfalds, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 11, this month we show 10.

Beds Median price (House) Median price (Apartment)
2 bedrooms $302,950 $213,700
3 bedrooms $349,900 $289,900
4 bedrooms $404,900
5 bedrooms $398,950
6 bedrooms $469,400
Demographics
  • Population in 20116300
  • Population in 20064618
  • 2006 to 2011 population change (%)36.4
  • Total private dwellings2458
  • Private dwellings occupied by usual residents2250
  • Population density per square kilometre385
  • Land area (square km)16.36
  • Age Characteristics
    Total population by age groups 6300
    0 to 4 years 735
    5 to 9 years 575
    10 to 14 years 430
    15 to 19 years 310
    15 years 65
    16 years 80
    17 years 60
    18 years 60
    19 years 45
    20 to 24 years 405
    25 to 29 years 755
    30 to 34 years 705
    35 to 39 years 610
    40 to 44 years 435
    45 to 49 years 370
    50 to 54 years 345
    55 to 59 years 255
    60 to 64 years 175
    65 to 69 years 90
    70 to 74 years 60
    75 to 79 years 25
    80 to 84 years 15
    85 years and over 10
    Median age of the population 29.7
    % of the population aged 15 and over 72.5
  • Marital Status
    Total population 15 years and over by marital status 4565
    Married or living with a common-law partner 3105
    Married (and not separated) 2355
    Living common-law 745
    Not married and not living with a common-law partner 1460
    Single (never legally married) 975
    Separated 140
    Divorced 275
    Widowed 70
    Family Characteristics
    Total number of census families in private households 1800
    Size of census family: 2 persons 755
    Size of census family: 3 persons 455
    Size of census family: 4 persons 415
    Size of census family: 5 or more persons 185
    Total number of census families in private households 1800
    Total couple families by family structure and number of children 1550
    Married couples 1170
    Without children at home 425
    With children at home 750
    1 child 260
    2 children 330
    3 or more children 150
    Common-law couples 370
    Without children at home 200
    With children at home 175
    1 child 90
    2 children 60
    3 or more children 25
    Total lone-parent families by sex of parent and number of children 255
    Female parent 190
    1 child 85
    2 children 80
    3 or more children 30
    Male parent 60
    1 child 40
    2 children 15
    3 or more children 5
    Total children in census families in private households 2140
    Under six years of age 860
    6 to 14 years 855
    15 to 17 years 190
    18 to 24 years 170
    25 years and over 60
    Average number of children at home per census family 1.2
  • Household And Dwelling Characteristics
    Total number of persons in private households 6300
    Number of persons not in census families 810
    Living with relatives 130
    Living with non-relatives only 315
    Living alone 365
    Number of census family persons 5490
    Average number of persons per census family 3
    Total number of persons 65 years and over in private households 200
    Number of persons not in census families aged 65 years and over 65
    Living with relatives 15
    Living with non-relatives only 10
    Living alone 45
    Number of census family persons aged 65 years and over 135
    Total number of private households by household type 2250
    Census-family households 1760
    One-family-only households 1585
    Couple-family households 1415
    Without children 565
    With children 855
    Lone-parent-family households 170
    Other family households 180
    One-family households with persons not in a census family 135
    Couple-family households 85
    Without children 30
    With children 50
    Lone-parent-family households 60
    Two-or-more-family households 35
    Non-census-family households 490
    One-person households 365
    Two-or-more-person households 125
    Total number of occupied private dwellings by structural type of dwelling 2250
    Single-detached house 1650
    Apartment, building that has five or more storeys 0
    Movable dwelling 140
    Other dwelling 460
    Semi-detached house 130
    Row house 270
    Apartment, duplex 20
    Apartment, building that has fewer than five storeys 40
    Other single-attached house 0
    Total number of private households by household size 2250
    1 person 365
    2 persons 735
    3 persons 470
    4 persons 430
    5 persons 185
    6 or more persons 65
    Number of persons in private households 6300
    Average number of persons in private households 2.8
Census 2011

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