Real Estate Market Report for
Edson, AB

Updated : Aug 2016
House
  • Median price $385,000
  • Monthly growth 4.06 %
  • Quarterly trend
  • Stock on market 3.70%
Apartment
  • Median price $236,500
  • Monthly growth -5.19 %
  • Quarterly trend
  • Stock on market 0.59%
Edson Home Price

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The median asking price in Edson is $385,000, a substantial increase over the median three months ago which was $369,900 .

The $385,000 price tag on the median Edson home means that it is quite highly priced by Canadian standards.

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

This month we track 21th neighbourhoods in Alberta, and Edson has the 21th most choice available for real estate investors.

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

In Edson, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.

The median asking price in Edson is $236,500, an improvement on the median three months ago which was $251,900 .

With Edson’s median house price at $236,500 in Aug , it is about average compared to the rest of Alberta.

Edson’s most common listing this month is 2 bedroom properties, less than province’s most common offering of 2 bedrooms.

Alberta has the fourth most amount of properties available to property investors, with Edson having 22th most in the province, out of a total of 99.

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

In Edson, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.

Beds Median price (House) Median price (Apartment)
1 bedroom $96,750
2 bedrooms $289,900 $248,000
3 bedrooms $339,900 $334,900
4 bedrooms $387,500
5 bedrooms $411,950
6 bedrooms $504,900
Demographics
  • Population in 20118475
  • Population in 20068098
  • 2006 to 2011 population change (%)4.7
  • Total private dwellings3701
  • Private dwellings occupied by usual residents3386
  • Population density per square kilometre286.5
  • Land area (square km)29.58
  • Age Characteristics
    Total population by age groups 8475
    0 to 4 years 590
    5 to 9 years 525
    10 to 14 years 535
    15 to 19 years 595
    15 years 120
    16 years 115
    17 years 125
    18 years 130
    19 years 100
    20 to 24 years 580
    25 to 29 years 725
    30 to 34 years 675
    35 to 39 years 620
    40 to 44 years 605
    45 to 49 years 650
    50 to 54 years 720
    55 to 59 years 490
    60 to 64 years 380
    65 to 69 years 205
    70 to 74 years 185
    75 to 79 years 155
    80 to 84 years 150
    85 years and over 85
    Median age of the population 35.1
    % of the population aged 15 and over 80.6
  • Marital Status
    Total population 15 years and over by marital status 6830
    Married or living with a common-law partner 4020
    Married (and not separated) 3145
    Living common-law 870
    Not married and not living with a common-law partner 2810
    Single (never legally married) 1830
    Separated 250
    Divorced 425
    Widowed 310
    Family Characteristics
    Total number of census families in private households 2345
    Size of census family: 2 persons 1190
    Size of census family: 3 persons 510
    Size of census family: 4 persons 445
    Size of census family: 5 or more persons 200
    Total number of census families in private households 2345
    Total couple families by family structure and number of children 1960
    Married couples 1525
    Without children at home 700
    With children at home 830
    1 child 310
    2 children 350
    3 or more children 170
    Common-law couples 435
    Without children at home 255
    With children at home 180
    1 child 95
    2 children 65
    3 or more children 25
    Total lone-parent families by sex of parent and number of children 385
    Female parent 285
    1 child 165
    2 children 90
    3 or more children 35
    Male parent 105
    1 child 75
    2 children 20
    3 or more children 5
    Total children in census families in private households 2455
    Under six years of age 685
    6 to 14 years 955
    15 to 17 years 340
    18 to 24 years 340
    25 years and over 135
    Average number of children at home per census family 1
  • Household And Dwelling Characteristics
    Total number of persons in private households 8330
    Number of persons not in census families 1570
    Living with relatives 155
    Living with non-relatives only 530
    Living alone 885
    Number of census family persons 6760
    Average number of persons per census family 2.9
    Total number of persons 65 years and over in private households 700
    Number of persons not in census families aged 65 years and over 255
    Living with relatives 25
    Living with non-relatives only 15
    Living alone 220
    Number of census family persons aged 65 years and over 445
    Total number of private households by household type 3385
    Census-family households 2295
    One-family-only households 2075
    Couple-family households 1780
    Without children 850
    With children 930
    Lone-parent-family households 295
    Other family households 225
    One-family households with persons not in a census family 180
    Couple-family households 115
    Without children 60
    With children 55
    Lone-parent-family households 65
    Two-or-more-family households 45
    Non-census-family households 1085
    One-person households 890
    Two-or-more-person households 200
    Total number of occupied private dwellings by structural type of dwelling 3385
    Single-detached house 2035
    Apartment, building that has five or more storeys 5
    Movable dwelling 420
    Other dwelling 930
    Semi-detached house 85
    Row house 185
    Apartment, duplex 20
    Apartment, building that has fewer than five storeys 650
    Other single-attached house 0
    Total number of private households by household size 3385
    1 person 885
    2 persons 1180
    3 persons 555
    4 persons 505
    5 persons 180
    6 or more persons 80
    Number of persons in private households 8330
    Average number of persons in private households 2.5
Census 2011

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