Real Estate Market Report for
Castor, AB

Updated : Aug 2016
House
  • Median price $168,000
  • Monthly growth 22.18 %
  • Quarterly trend
  • Stock on market 2.85%
Apartment
  • Median price $317,339
  • Monthly growth
  • Quarterly trend
  • Stock on market 0.44%
Castor Home Price

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When looking across the province, Castor is the 264th most expensive in Alberta.

When our research team crunched the numbers we calculated that Castor has a median home price of $168,000.

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

Across Alberta Castor has the 131th most properties on offer with 339.

Can we guarantee how well Castor 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 Castor there is more stock than three months ago. This would indicate pressure on prices easing.

Across the nation CREW lists data for 1054 neighbourhoods, and this month Castor is number 181 putting it ahead of most neighbourhoods .

When our research team crunched the numbers we calculated that Castor has a median home price of $317,338.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Castor has not many at all compared to the rest of the province

As one of Alberta’s many potential real estate investment neighbourhoods, Castor 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.

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

Beds Median price (House) Median price (Apartment)
2 bedrooms $130,950
3 bedrooms $168,000
4 bedrooms $169,000
Demographics
  • Population in 2011932
  • Population in 2006931
  • 2006 to 2011 population change (%)0.1
  • Total private dwellings456
  • Private dwellings occupied by usual residents417
  • Population density per square kilometre343.1
  • Land area (square km)2.72
  • Age Characteristics
    Total population by age groups 935
    0 to 4 years 40
    5 to 9 years 35
    10 to 14 years 40
    15 to 19 years 45
    15 years 15
    16 years 10
    17 years 10
    18 years 10
    19 years 5
    20 to 24 years 35
    25 to 29 years 35
    30 to 34 years 40
    35 to 39 years 45
    40 to 44 years 35
    45 to 49 years 55
    50 to 54 years 70
    55 to 59 years 55
    60 to 64 years 70
    65 to 69 years 60
    70 to 74 years 60
    75 to 79 years 70
    80 to 84 years 65
    85 years and over 70
    Median age of the population 53.7
    % of the population aged 15 and over 88.2
  • Marital Status
    Total population 15 years and over by marital status 820
    Married or living with a common-law partner 490
    Married (and not separated) 420
    Living common-law 70
    Not married and not living with a common-law partner 330
    Single (never legally married) 150
    Separated 15
    Divorced 60
    Widowed 105
    Family Characteristics
    Total number of census families in private households 260
    Size of census family: 2 persons 175
    Size of census family: 3 persons 35
    Size of census family: 4 persons 35
    Size of census family: 5 or more persons 15
    Total number of census families in private households 260
    Total couple families by family structure and number of children 225
    Married couples 190
    Without children at home 130
    With children at home 60
    1 child 25
    2 children 25
    3 or more children 15
    Common-law couples 35
    Without children at home 30
    With children at home 10
    1 child 0
    2 children 0
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 35
    Female parent 30
    1 child 15
    2 children 10
    3 or more children 5
    Male parent 0
    1 child 0
    2 children 5
    3 or more children 0
    Total children in census families in private households 180
    Under six years of age 40
    6 to 14 years 75
    15 to 17 years 30
    18 to 24 years 25
    25 years and over 15
    Average number of children at home per census family 0.7
  • Household And Dwelling Characteristics
    Total number of persons in private households 855
    Number of persons not in census families 185
    Living with relatives 15
    Living with non-relatives only 20
    Living alone 145
    Number of census family persons 670
    Average number of persons per census family 2.6
    Total number of persons 65 years and over in private households 245
    Number of persons not in census families aged 65 years and over 80
    Living with relatives 10
    Living with non-relatives only 0
    Living alone 70
    Number of census family persons aged 65 years and over 170
    Total number of private households by household type 420
    Census-family households 260
    One-family-only households 250
    Couple-family households 215
    Without children 150
    With children 70
    Lone-parent-family households 30
    Other family households 10
    One-family households with persons not in a census family 10
    Couple-family households 5
    Without children 5
    With children 5
    Lone-parent-family households 0
    Two-or-more-family households 5
    Non-census-family households 160
    One-person households 150
    Two-or-more-person households 15
    Total number of occupied private dwellings by structural type of dwelling 415
    Single-detached house 345
    Apartment, building that has five or more storeys 0
    Movable dwelling 30
    Other dwelling 45
    Semi-detached house 10
    Row house 5
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 25
    Other single-attached house 0
    Total number of private households by household size 415
    1 person 145
    2 persons 175
    3 persons 40
    4 persons 30
    5 persons 15
    6 or more persons 5
    Number of persons in private households 850
    Average number of persons in private households 2
Census 2011

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