Real Estate Market Report for
Cremona, AB

Updated : Aug 2016
House
  • Median price $302,475
  • Monthly growth -9.01 %
  • Quarterly trend
  • Stock on market 1.88%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Cremona Home Price

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Across the country as a whole, Cremona is in the Top 40% when all of Canada’s suburbs are listed in order of real estate listing prices.

Want a cheaply priced house? Then at $302,475 this month, Cremona, Alberta is a possibility for you price wise.

Alberta has the fourth most amount of properties available to property investors, with Cremona having 230th most in the province, out of a total of 339.

When we look at the data we have, it can help with trying to establish whether or not Cremona is a good investment target.

If you are looking at investment properties in Cremona, 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.

Is Cremona 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 Cremona have stayed pretty much the same which would tend to indicate that demand is steady.

Beds Median price (House) Median price (Apartment)
3 bedrooms $289,950
Demographics
  • Population in 2011457
  • Population in 2006463
  • 2006 to 2011 population change (%)-1.3
  • Total private dwellings213
  • Private dwellings occupied by usual residents199
  • Population density per square kilometre267.8
  • Land area (square km)1.71
  • Age Characteristics
    Total population by age groups 460
    0 to 4 years 25
    5 to 9 years 30
    10 to 14 years 45
    15 to 19 years 35
    15 years 10
    16 years 5
    17 years 10
    18 years 5
    19 years 5
    20 to 24 years 15
    25 to 29 years 20
    30 to 34 years 35
    35 to 39 years 45
    40 to 44 years 25
    45 to 49 years 35
    50 to 54 years 30
    55 to 59 years 30
    60 to 64 years 30
    65 to 69 years 25
    70 to 74 years 15
    75 to 79 years 15
    80 to 84 years 5
    85 years and over 5
    Median age of the population 39
    % of the population aged 15 and over 78.3
  • Marital Status
    Total population 15 years and over by marital status 360
    Married or living with a common-law partner 200
    Married (and not separated) 165
    Living common-law 40
    Not married and not living with a common-law partner 160
    Single (never legally married) 80
    Separated 10
    Divorced 35
    Widowed 30
    Family Characteristics
    Total number of census families in private households 125
    Size of census family: 2 persons 70
    Size of census family: 3 persons 20
    Size of census family: 4 persons 15
    Size of census family: 5 or more persons 15
    Total number of census families in private households 125
    Total couple families by family structure and number of children 100
    Married couples 80
    Without children at home 45
    With children at home 40
    1 child 15
    2 children 15
    3 or more children 15
    Common-law couples 20
    Without children at home 15
    With children at home 10
    1 child 5
    2 children 5
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 25
    Female parent 15
    1 child 10
    2 children 5
    3 or more children 0
    Male parent 10
    1 child 5
    2 children 0
    3 or more children 0
    Total children in census families in private households 145
    Under six years of age 35
    6 to 14 years 60
    15 to 17 years 20
    18 to 24 years 20
    25 years and over 5
    Average number of children at home per census family 1.2
  • Household And Dwelling Characteristics
    Total number of persons in private households 455
    Number of persons not in census families 85
    Living with relatives 5
    Living with non-relatives only 15
    Living alone 70
    Number of census family persons 370
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 60
    Number of persons not in census families aged 65 years and over 35
    Living with relatives 0
    Living with non-relatives only 0
    Living alone 30
    Number of census family persons aged 65 years and over 30
    Total number of private households by household type 200
    Census-family households 120
    One-family-only households 115
    Couple-family households 90
    Without children 45
    With children 45
    Lone-parent-family households 20
    Other family households 10
    One-family households with persons not in a census family 10
    Couple-family households 10
    Without children 5
    With children 0
    Lone-parent-family households 0
    Two-or-more-family households 0
    Non-census-family households 75
    One-person households 70
    Two-or-more-person households 5
    Total number of occupied private dwellings by structural type of dwelling 200
    Single-detached house 145
    Apartment, building that has five or more storeys 0
    Movable dwelling 40
    Other dwelling 15
    Semi-detached house 0
    Row house 0
    Apartment, duplex 10
    Apartment, building that has fewer than five storeys 5
    Other single-attached house 0
    Total number of private households by household size 200
    1 person 75
    2 persons 60
    3 persons 30
    4 persons 15
    5 persons 20
    6 or more persons 5
    Number of persons in private households 455
    Average number of persons in private households 2.3
Census 2011

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