Real Estate Market Report for
Galahad, AB

Updated : Aug 2016
House
  • Median price $159,900
  • Monthly growth 39.10 %
  • Quarterly trend
  • Stock on market 4.69%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Galahad 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

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

When our research team crunched the numbers we calculated that Galahad has a median home price of $159,900.

3 bedroom properties are the most common available for real estate investors this month in neighbourhood.

From our data, it appears that neighbourhood is number 3570th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 30.

Is Galahad a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Galahad there is more stock than three months ago. This would indicate pressure on prices easing.

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

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

Beds Median price (House) Median price (Apartment)
3 bedrooms $168,450
Demographics
  • Population in 2011119
  • Population in 2006134
  • 2006 to 2011 population change (%)-11.2
  • Total private dwellings64
  • Private dwellings occupied by usual residents49
  • Population density per square kilometre199.7
  • Land area (square km)0.6
  • Age Characteristics
    Total population by age groups 120
    0 to 4 years 5
    5 to 9 years 0
    10 to 14 years 0
    15 to 19 years 0
    15 years 0
    16 years 0
    17 years 0
    18 years 5
    19 years 0
    20 to 24 years 5
    25 to 29 years 5
    30 to 34 years 5
    35 to 39 years 0
    40 to 44 years 0
    45 to 49 years 10
    50 to 54 years 15
    55 to 59 years 15
    60 to 64 years 5
    65 to 69 years 10
    70 to 74 years 15
    75 to 79 years 15
    80 to 84 years 10
    85 years and over 15
    Median age of the population 61.6
    % of the population aged 15 and over 90.2
  • Marital Status
    Total population 15 years and over by marital status 110
    Married or living with a common-law partner 70
    Married (and not separated) 60
    Living common-law 10
    Not married and not living with a common-law partner 40
    Single (never legally married) 15
    Separated 5
    Divorced 5
    Widowed 20
    Family Characteristics
    Total number of census families in private households 30
    Size of census family: 2 persons 25
    Size of census family: 3 persons 10
    Size of census family: 4 persons 5
    Size of census family: 5 or more persons 0
    Total number of census families in private households 35
    Total couple families by family structure and number of children 30
    Married couples 25
    Without children at home 15
    With children at home 5
    1 child 5
    2 children 5
    3 or more children 0
    Common-law couples 5
    Without children at home 5
    With children at home 0
    1 child 0
    2 children 0
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 0
    Female parent 0
    1 child 0
    2 children 0
    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 15
    Under six years of age 5
    6 to 14 years 5
    15 to 17 years 0
    18 to 24 years 5
    25 years and over 0
    Average number of children at home per census family 0.4
  • Household And Dwelling Characteristics
    Total number of persons in private households 95
    Number of persons not in census families 15
    Living with relatives 0
    Living with non-relatives only 0
    Living alone 15
    Number of census family persons 85
    Average number of persons per census family 2.3
    Total number of persons 65 years and over in private households 30
    Number of persons not in census families aged 65 years and over 15
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 15
    Number of census family persons aged 65 years and over 20
    Total number of private households by household type 50
    Census-family households 30
    One-family-only households 30
    Couple-family households 30
    Without children 20
    With children 10
    Lone-parent-family households 5
    Other family households 0
    One-family households with persons not in a census family 0
    Couple-family households 0
    Without children 0
    With children 0
    Lone-parent-family households 0
    Two-or-more-family households 0
    Non-census-family households 15
    One-person households 15
    Two-or-more-person households 0
    Total number of occupied private dwellings by structural type of dwelling 50
    Single-detached house 35
    Apartment, building that has five or more storeys 0
    Movable dwelling 15
    Other dwelling 5
    Semi-detached house 0
    Row house 0
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 0
    Other single-attached house 0
    Total number of private households by household size 45
    1 person 15
    2 persons 20
    3 persons 10
    4 persons 5
    5 persons 0
    6 or more persons 0
    Number of persons in private households 95
    Average number of persons in private households 2.2
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?