Real Estate Market Report for
Carstairs, AB

Updated : Aug 2016
House
  • Median price $386,400
  • Monthly growth 31.42 %
  • Quarterly trend
  • Stock on market 4.72%
Apartment
  • Median price $358,400
  • Monthly growth
  • Quarterly trend
  • Stock on market 0.29%
Carstairs Home Price

Can you afford to buy here? If you like, we can get one of our mortgage experts to tell you exactly how much you can borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate

The median asking price in Carstairs is $386,400, a substantial increase over the median three months ago which was $389,700 .

The median house price listed in Carstairs this month is $386,400.

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.

From our data, it appears that neighbourhood is number 473th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 10.

It’s never an exact art, but to try to forecast how property is going to appreciate in Carstairs 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 Carstairs, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 68, this month we show 66.

Across the country as a whole, Carstairs is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.

The median house price listed in Carstairs this month is $358,400.

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

Is Carstairs a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Carstairs have dried up which would tend to indicate that demand is higher than the supply of new properties.

Beds Median price (House) Median price (Apartment)
3 bedrooms $361,500
Demographics
  • Population in 20113442
  • Population in 20062699
  • 2006 to 2011 population change (%)27.5
  • Total private dwellings1397
  • Private dwellings occupied by usual residents1311
  • Population density per square kilometre298.4
  • Land area (square km)11.53
  • Age Characteristics
    Total population by age groups 3440
    0 to 4 years 280
    5 to 9 years 250
    10 to 14 years 215
    15 to 19 years 195
    15 years 35
    16 years 35
    17 years 45
    18 years 45
    19 years 30
    20 to 24 years 140
    25 to 29 years 210
    30 to 34 years 250
    35 to 39 years 260
    40 to 44 years 245
    45 to 49 years 230
    50 to 54 years 235
    55 to 59 years 250
    60 to 64 years 230
    65 to 69 years 160
    70 to 74 years 95
    75 to 79 years 90
    80 to 84 years 65
    85 years and over 55
    Median age of the population 38.5
    % of the population aged 15 and over 78.5
  • Marital Status
    Total population 15 years and over by marital status 2700
    Married or living with a common-law partner 1885
    Married (and not separated) 1615
    Living common-law 275
    Not married and not living with a common-law partner 810
    Single (never legally married) 485
    Separated 60
    Divorced 145
    Widowed 125
    Family Characteristics
    Total number of census families in private households 1030
    Size of census family: 2 persons 535
    Size of census family: 3 persons 205
    Size of census family: 4 persons 195
    Size of census family: 5 or more persons 90
    Total number of census families in private households 1030
    Total couple families by family structure and number of children 930
    Married couples 790
    Without children at home 400
    With children at home 390
    1 child 145
    2 children 160
    3 or more children 80
    Common-law couples 140
    Without children at home 75
    With children at home 65
    1 child 30
    2 children 25
    3 or more children 10
    Total lone-parent families by sex of parent and number of children 100
    Female parent 75
    1 child 45
    2 children 25
    3 or more children 10
    Male parent 25
    1 child 20
    2 children 10
    3 or more children 0
    Total children in census families in private households 1025
    Under six years of age 320
    6 to 14 years 410
    15 to 17 years 115
    18 to 24 years 125
    25 years and over 50
    Average number of children at home per census family 1
  • Household And Dwelling Characteristics
    Total number of persons in private households 3400
    Number of persons not in census families 415
    Living with relatives 50
    Living with non-relatives only 100
    Living alone 260
    Number of census family persons 2985
    Average number of persons per census family 2.9
    Total number of persons 65 years and over in private households 425
    Number of persons not in census families aged 65 years and over 105
    Living with relatives 5
    Living with non-relatives only 10
    Living alone 85
    Number of census family persons aged 65 years and over 320
    Total number of private households by household type 1310
    Census-family households 1020
    One-family-only households 940
    Couple-family households 860
    Without children 450
    With children 410
    Lone-parent-family households 80
    Other family households 80
    One-family households with persons not in a census family 65
    Couple-family households 50
    Without children 20
    With children 30
    Lone-parent-family households 20
    Two-or-more-family households 10
    Non-census-family households 290
    One-person households 255
    Two-or-more-person households 35
    Total number of occupied private dwellings by structural type of dwelling 1310
    Single-detached house 1160
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 145
    Semi-detached house 55
    Row house 60
    Apartment, duplex 15
    Apartment, building that has fewer than five storeys 15
    Other single-attached house 0
    Total number of private households by household size 1310
    1 person 255
    2 persons 520
    3 persons 215
    4 persons 205
    5 persons 75
    6 or more persons 45
    Number of persons in private households 3400
    Average number of persons in private households 2.6
Census 2011

Get help choosing the best mortgage rate

Just fill in a few details, and we'll arrange for a Mortgage adviser to help you find the best mortgage for your needs

  • How soon do you want a mortgage?
  • Name
  • Where do you live?
  • Phone number
  • E-mail address

Poll

Have your investment plans changed for 2017?