Real Estate Market Report for
Red Earth Creek, AB

Updated : Aug 2015
House
  • Median price $2,149,000
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 0.14%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Red Earth Creek Home Price

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With a median listing price of $2,149,000, Red Earth Creek is Canada’s 5th most expensive when ordered by median listing price.

In Aug the median listed house price of $2,149,000 in Red Earth Creek was an impressive compared to the rest of Alberta.

According to our stats, Red Earth Creek is the neighbourhood that has the 291th most properties available to real estate investors in Alberta.

Will prices rise across the next year in in Red Earth Creek? 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 Red Earth Creek there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

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

Over the last three months in Red Earth Creek, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

Demographics
  • Population in 20113074
  • Population in 20062847
  • 2006 to 2011 population change (%)8
  • Total private dwellings1430
  • Private dwellings occupied by usual residents974
  • Population density per square kilometre0.1
  • Land area (square km)29140.78
  • Age Characteristics
    Total population by age groups 3070
    0 to 4 years 315
    5 to 9 years 285
    10 to 14 years 240
    15 to 19 years 270
    15 years 50
    16 years 75
    17 years 55
    18 years 35
    19 years 60
    20 to 24 years 240
    25 to 29 years 255
    30 to 34 years 210
    35 to 39 years 215
    40 to 44 years 205
    45 to 49 years 200
    50 to 54 years 165
    55 to 59 years 120
    60 to 64 years 145
    65 to 69 years 75
    70 to 74 years 60
    75 to 79 years 35
    80 to 84 years 25
    85 years and over 15
    Median age of the population 28.7
    % of the population aged 15 and over 72.6
  • Marital Status
    Total population 15 years and over by marital status 2235
    Married or living with a common-law partner 1265
    Married (and not separated) 730
    Living common-law 535
    Not married and not living with a common-law partner 970
    Single (never legally married) 780
    Separated 55
    Divorced 80
    Widowed 60
    Family Characteristics
    Total number of census families in private households 830
    Size of census family: 2 persons 345
    Size of census family: 3 persons 200
    Size of census family: 4 persons 140
    Size of census family: 5 or more persons 140
    Total number of census families in private households 830
    Total couple families by family structure and number of children 615
    Married couples 350
    Without children at home 150
    With children at home 200
    1 child 70
    2 children 75
    3 or more children 55
    Common-law couples 270
    Without children at home 100
    With children at home 165
    1 child 65
    2 children 45
    3 or more children 55
    Total lone-parent families by sex of parent and number of children 210
    Female parent 160
    1 child 65
    2 children 50
    3 or more children 40
    Male parent 55
    1 child 30
    2 children 10
    3 or more children 10
    Total children in census families in private households 1210
    Under six years of age 365
    6 to 14 years 440
    15 to 17 years 150
    18 to 24 years 140
    25 years and over 110
    Average number of children at home per census family 1.5
  • Household And Dwelling Characteristics
    Total number of persons in private households 3065
    Number of persons not in census families 405
    Living with relatives 130
    Living with non-relatives only 70
    Living alone 200
    Number of census family persons 2665
    Average number of persons per census family 3.2
    Total number of persons 65 years and over in private households 215
    Number of persons not in census families aged 65 years and over 60
    Living with relatives 5
    Living with non-relatives only 10
    Living alone 45
    Number of census family persons aged 65 years and over 160
    Total number of private households by household type 970
    Census-family households 740
    One-family-only households 565
    Couple-family households 460
    Without children 185
    With children 270
    Lone-parent-family households 105
    Other family households 175
    One-family households with persons not in a census family 90
    Couple-family households 45
    Without children 20
    With children 30
    Lone-parent-family households 40
    Two-or-more-family households 85
    Non-census-family households 240
    One-person households 200
    Two-or-more-person households 35
    Total number of occupied private dwellings by structural type of dwelling 970
    Single-detached house 530
    Apartment, building that has five or more storeys 0
    Movable dwelling 380
    Other dwelling 60
    Semi-detached house 20
    Row house 0
    Apartment, duplex 25
    Apartment, building that has fewer than five storeys 10
    Other single-attached house 0
    Total number of private households by household size 970
    1 person 200
    2 persons 260
    3 persons 155
    4 persons 150
    5 persons 95
    6 or more persons 110
    Number of persons in private households 3065
    Average number of persons in private households 3.1
Census 2011

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