Real Estate Market Report for
Foremost, AB

Updated : Aug 2016
House
  • Median price $80,500
  • Monthly growth -5.18 %
  • Quarterly trend
  • Stock on market 1.63%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Foremost Home Price

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Canada’s national median home listing price this month is $290,900, which means that Foremost is in the cheapest 20% for Canada.

With Foremost’s median house price at $80,500 in Aug , it is one of the cheapest neighbourhoods compared to the rest of Alberta.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.

There are 339 neighbourhoods that have more properties on sale than Foremost at the moment in Alberta which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.

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

Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.

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

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 $85,000
Demographics
  • Population in 2011526
  • Population in 2006524
  • 2006 to 2011 population change (%)0.4
  • Total private dwellings246
  • Private dwellings occupied by usual residents218
  • Population density per square kilometre277.8
  • Land area (square km)1.89
  • Age Characteristics
    Total population by age groups 525
    0 to 4 years 25
    5 to 9 years 40
    10 to 14 years 50
    15 to 19 years 25
    15 years 10
    16 years 5
    17 years 5
    18 years 5
    19 years 0
    20 to 24 years 35
    25 to 29 years 20
    30 to 34 years 20
    35 to 39 years 25
    40 to 44 years 35
    45 to 49 years 40
    50 to 54 years 45
    55 to 59 years 35
    60 to 64 years 30
    65 to 69 years 25
    70 to 74 years 25
    75 to 79 years 20
    80 to 84 years 20
    85 years and over 5
    Median age of the population 43.8
    % of the population aged 15 and over 79.5
  • Marital Status
    Total population 15 years and over by marital status 415
    Married or living with a common-law partner 265
    Married (and not separated) 235
    Living common-law 30
    Not married and not living with a common-law partner 160
    Single (never legally married) 85
    Separated 5
    Divorced 25
    Widowed 45
    Family Characteristics
    Total number of census families in private households 140
    Size of census family: 2 persons 75
    Size of census family: 3 persons 25
    Size of census family: 4 persons 25
    Size of census family: 5 or more persons 20
    Total number of census families in private households 145
    Total couple families by family structure and number of children 130
    Married couples 115
    Without children at home 60
    With children at home 55
    1 child 20
    2 children 20
    3 or more children 20
    Common-law couples 15
    Without children at home 10
    With children at home 5
    1 child 0
    2 children 5
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 15
    Female parent 15
    1 child 10
    2 children 5
    3 or more children 0
    Male parent 0
    1 child 0
    2 children 0
    3 or more children 0
    Total children in census families in private households 160
    Under six years of age 35
    6 to 14 years 70
    15 to 17 years 15
    18 to 24 years 20
    25 years and over 15
    Average number of children at home per census family 1.1
  • Household And Dwelling Characteristics
    Total number of persons in private households 520
    Number of persons not in census families 95
    Living with relatives 5
    Living with non-relatives only 20
    Living alone 70
    Number of census family persons 425
    Average number of persons per census family 3
    Total number of persons 65 years and over in private households 100
    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 70
    Total number of private households by household type 220
    Census-family households 140
    One-family-only households 135
    Couple-family households 125
    Without children 65
    With children 60
    Lone-parent-family households 10
    Other family households 5
    One-family households with persons not in a census family 5
    Couple-family households 5
    Without children 0
    With children 0
    Lone-parent-family households 5
    Two-or-more-family households 0
    Non-census-family households 75
    One-person households 65
    Two-or-more-person households 10
    Total number of occupied private dwellings by structural type of dwelling 215
    Single-detached house 200
    Apartment, building that has five or more storeys 0
    Movable dwelling 10
    Other dwelling 15
    Semi-detached house 0
    Row house 5
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 10
    Other single-attached house 0
    Total number of private households by household size 215
    1 person 65
    2 persons 80
    3 persons 30
    4 persons 25
    5 persons 15
    6 or more persons 10
    Number of persons in private households 525
    Average number of persons in private households 2.4
Census 2011

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