Real Estate Market Report for
Lac La Biche, AB

Updated : Aug 2016
House
  • Median price $410,000
  • Monthly growth 17.47 %
  • Quarterly trend
  • Stock on market 1.21%
Apartment
  • Median price $306,000
  • Monthly growth 3.72 %
  • Quarterly trend
  • Stock on market 0.21%
Lac La Biche Home Price

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

In Aug the median listed house price of $410,000 in Lac La Biche was an impressive compared to the rest of Alberta.

Lac La Biche’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Lac La Biche has a huge choice compared to the rest of the province

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

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Lac La Biche, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 50, this month we show 47.

Canada’s national median home listing price this month is $244,900, which means that Lac La Biche is in the top 20% for Canada.

Lac La Biche, Alberta has a median house price of $306,000 when compiling all the home listings in Aug .

In province, the most common property on the listings this month has 2 bedrooms, in this neighbourhood it’s 2.

There are 99 neighbourhoods that have more properties on sale than Lac La Biche at the moment in Alberta which puts the neighbourhood middle range when looking at the number of properties to choose from.

Can we guarantee how well Lac La Biche is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Lac La Biche, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 12, this month we show 8.

Beds Median price (House) Median price (Apartment)
2 bedrooms $202,000 $317,000
3 bedrooms $365,000
4 bedrooms $539,000
5 bedrooms $435,000
6 bedrooms $399,900
Demographics
  • Population in 20118402
  • Population in 20069123
  • 2006 to 2011 population change (%)-7.9
  • Total private dwellings3888
  • Private dwellings occupied by usual residents2989
  • Population density per square kilometre0.5
  • Land area (square km)16300.95
  • Age Characteristics
    Total population by age groups 8405
    0 to 4 years 565
    5 to 9 years 595
    10 to 14 years 630
    15 to 19 years 695
    15 years 120
    16 years 155
    17 years 140
    18 years 130
    19 years 155
    20 to 24 years 500
    25 to 29 years 535
    30 to 34 years 505
    35 to 39 years 515
    40 to 44 years 575
    45 to 49 years 670
    50 to 54 years 575
    55 to 59 years 565
    60 to 64 years 445
    65 to 69 years 340
    70 to 74 years 255
    75 to 79 years 190
    80 to 84 years 130
    85 years and over 110
    Median age of the population 36.8
    % of the population aged 15 and over 78.7
  • Marital Status
    Total population 15 years and over by marital status 6610
    Married or living with a common-law partner 4085
    Married (and not separated) 3415
    Living common-law 680
    Not married and not living with a common-law partner 2525
    Single (never legally married) 1760
    Separated 160
    Divorced 295
    Widowed 310
    Family Characteristics
    Total number of census families in private households 2360
    Size of census family: 2 persons 1135
    Size of census family: 3 persons 480
    Size of census family: 4 persons 425
    Size of census family: 5 or more persons 320
    Total number of census families in private households 2360
    Total couple families by family structure and number of children 1990
    Married couples 1650
    Without children at home 740
    With children at home 910
    1 child 310
    2 children 340
    3 or more children 260
    Common-law couples 340
    Without children at home 190
    With children at home 150
    1 child 60
    2 children 50
    3 or more children 40
    Total lone-parent families by sex of parent and number of children 375
    Female parent 270
    1 child 140
    2 children 90
    3 or more children 50
    Male parent 100
    1 child 70
    2 children 20
    3 or more children 10
    Total children in census families in private households 2835
    Under six years of age 655
    6 to 14 years 1100
    15 to 17 years 390
    18 to 24 years 475
    25 years and over 215
    Average number of children at home per census family 1.2
  • Household And Dwelling Characteristics
    Total number of persons in private households 8240
    Number of persons not in census families 1065
    Living with relatives 185
    Living with non-relatives only 275
    Living alone 605
    Number of census family persons 7180
    Average number of persons per census family 3
    Total number of persons 65 years and over in private households 920
    Number of persons not in census families aged 65 years and over 250
    Living with relatives 30
    Living with non-relatives only 15
    Living alone 210
    Number of census family persons aged 65 years and over 665
    Total number of private households by household type 2985
    Census-family households 2275
    One-family-only households 2060
    Couple-family households 1790
    Without children 835
    With children 955
    Lone-parent-family households 270
    Other family households 220
    One-family households with persons not in a census family 145
    Couple-family households 95
    Without children 35
    With children 60
    Lone-parent-family households 50
    Two-or-more-family households 75
    Non-census-family households 710
    One-person households 605
    Two-or-more-person households 105
    Total number of occupied private dwellings by structural type of dwelling 2985
    Single-detached house 2180
    Apartment, building that has five or more storeys 0
    Movable dwelling 440
    Other dwelling 365
    Semi-detached house 15
    Row house 60
    Apartment, duplex 30
    Apartment, building that has fewer than five storeys 260
    Other single-attached house 0
    Total number of private households by household size 2990
    1 person 605
    2 persons 1055
    3 persons 465
    4 persons 465
    5 persons 245
    6 or more persons 155
    Number of persons in private households 8240
    Average number of persons in private households 2.8
Census 2011

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