Real Estate Market Report for
Fairview, AB

Updated : Aug 2016
House
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Apartment
  • Median price $197,500
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 0.45%
Fairview 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

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

If you are looking at investment properties in Fairview, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.

Across the country as a whole, Fairview is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.

In Aug the median listed house price of $197,500 in Fairview was relatively low compared to the rest of Alberta.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

Alberta has the fourth most amount of properties available to property investors, with Fairview having 50th most in the province, out of a total of 99.

Will prices rise across the next year in in Fairview? There are a number of real estate indicators to consider.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Fairview there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Beds Median price (House) Median price (Apartment)
2 bedrooms $197,500
Demographics
  • Population in 20113162
  • Population in 20063297
  • 2006 to 2011 population change (%)-4.1
  • Total private dwellings1322
  • Private dwellings occupied by usual residents1266
  • Population density per square kilometre279.8
  • Land area (square km)11.3
  • Age Characteristics
    Total population by age groups 3160
    0 to 4 years 190
    5 to 9 years 230
    10 to 14 years 200
    15 to 19 years 210
    15 years 40
    16 years 40
    17 years 35
    18 years 45
    19 years 45
    20 to 24 years 190
    25 to 29 years 210
    30 to 34 years 195
    35 to 39 years 195
    40 to 44 years 185
    45 to 49 years 200
    50 to 54 years 215
    55 to 59 years 180
    60 to 64 years 145
    65 to 69 years 125
    70 to 74 years 120
    75 to 79 years 120
    80 to 84 years 115
    85 years and over 125
    Median age of the population 39.3
    % of the population aged 15 and over 80.6
  • Marital Status
    Total population 15 years and over by marital status 2540
    Married or living with a common-law partner 1515
    Married (and not separated) 1255
    Living common-law 265
    Not married and not living with a common-law partner 1025
    Single (never legally married) 600
    Separated 60
    Divorced 145
    Widowed 230
    Family Characteristics
    Total number of census families in private households 845
    Size of census family: 2 persons 435
    Size of census family: 3 persons 165
    Size of census family: 4 persons 150
    Size of census family: 5 or more persons 95
    Total number of census families in private households 845
    Total couple families by family structure and number of children 720
    Married couples 590
    Without children at home 315
    With children at home 275
    1 child 90
    2 children 115
    3 or more children 75
    Common-law couples 130
    Without children at home 55
    With children at home 80
    1 child 40
    2 children 20
    3 or more children 20
    Total lone-parent families by sex of parent and number of children 120
    Female parent 100
    1 child 50
    2 children 30
    3 or more children 20
    Male parent 25
    1 child 15
    2 children 5
    3 or more children 5
    Total children in census families in private households 895
    Under six years of age 230
    6 to 14 years 380
    15 to 17 years 115
    18 to 24 years 135
    25 years and over 40
    Average number of children at home per census family 1.1
  • Household And Dwelling Characteristics
    Total number of persons in private households 3005
    Number of persons not in census families 540
    Living with relatives 45
    Living with non-relatives only 105
    Living alone 390
    Number of census family persons 2470
    Average number of persons per census family 2.9
    Total number of persons 65 years and over in private households 470
    Number of persons not in census families aged 65 years and over 190
    Living with relatives 5
    Living with non-relatives only 5
    Living alone 175
    Number of census family persons aged 65 years and over 275
    Total number of private households by household type 1270
    Census-family households 835
    One-family-only households 790
    Couple-family households 690
    Without children 350
    With children 345
    Lone-parent-family households 100
    Other family households 45
    One-family households with persons not in a census family 35
    Couple-family households 20
    Without children 10
    With children 10
    Lone-parent-family households 15
    Two-or-more-family households 10
    Non-census-family households 435
    One-person households 390
    Two-or-more-person households 45
    Total number of occupied private dwellings by structural type of dwelling 1265
    Single-detached house 950
    Apartment, building that has five or more storeys 0
    Movable dwelling 150
    Other dwelling 165
    Semi-detached house 15
    Row house 10
    Apartment, duplex 40
    Apartment, building that has fewer than five storeys 105
    Other single-attached house 5
    Total number of private households by household size 1270
    1 person 390
    2 persons 435
    3 persons 170
    4 persons 160
    5 persons 85
    6 or more persons 25
    Number of persons in private households 3005
    Average number of persons in private households 2.4
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?