Across the nation CREW lists data for 5162 neighbourhoods, and this month St. Albert is number 540 putting it ahead of most neighbourhoods .
With St. Albert’s median house price at $454,800 in Aug , it is high priced compared to the rest of Alberta.
4 bedroom properties are the most common available for real estate investors this month in neighbourhood.
As one of Alberta’s many potential real estate investment neighbourhoods, St. Albert needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
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 looking across the province, St. Albert is the 35th most expensive in Alberta.
In Aug the median listed house price of $289,900 in St. Albert was an above average compared to the rest of Alberta.
If you’re looking at investment properties in St. Albert, then you’re most likely to find homes with 2 bedrooms on sale this month.
This month we track 8th neighbourhoods in Alberta, and St. Albert has the 8th most choice available for real estate investors.
Can we guarantee how well St. Albert 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in St. Albert there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.