Real Estate Market Report for
Wetaskiwin, AB

Updated : Aug 2016
House
  • Median price $329,000
  • Monthly growth 37.14 %
  • Quarterly trend
  • Stock on market 4.25%
Apartment
  • Median price $254,450
  • Monthly growth 2.49 %
  • Quarterly trend
  • Stock on market 0.22%
Wetaskiwin Home Price

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The median asking price in Wetaskiwin is $329,000, an improvement on the median three months ago which was $325,000 .

While the median for Alberta is $375,000 , which means that Wetaskiwin’s median price is $329,000 considerably better than the rest of the province.

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

Alberta has the fourth most amount of properties available to property investors, with Wetaskiwin having 11th most in the province, out of a total of 339.

As one of Alberta’s many potential real estate investment neighbourhoods, Wetaskiwin 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.

If you are looking at investment properties in Wetaskiwin, then there are more homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a buyers.

Across the nation CREW lists data for 1054 neighbourhoods, and this month Wetaskiwin is number 343 putting it in the top half of the country .

Wetaskiwin, Alberta has a median house price of $254,450 when compiling all the home listings in Aug .

Investors looking for properties in Wetaskiwin are most likely to find 2 bedroom homes on offer this month, with 3 bedroom potential investment properties the second most popular.

There are 99 neighbourhoods that have more properties on sale than Wetaskiwin at the moment in Alberta which puts the neighbourhood top 40% when looking at the number of properties to choose from.

Will prices rise across the next year in in Wetaskiwin? 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.

Beds Median price (House) Median price (Apartment)
1 bedroom $164,950 $334,950
2 bedrooms $244,000 $209,800
3 bedrooms $325,900 $249,000
4 bedrooms $349,450
5 bedrooms $391,250
6 bedrooms $389,900
Demographics
  • Population in 201112525
  • Population in 200611689
  • 2006 to 2011 population change (%)7.2
  • Total private dwellings5477
  • Private dwellings occupied by usual residents5131
  • Population density per square kilometre688.2
  • Land area (square km)18.2
  • Age Characteristics
    Total population by age groups 12525
    0 to 4 years 825
    5 to 9 years 760
    10 to 14 years 750
    15 to 19 years 740
    15 years 150
    16 years 180
    17 years 135
    18 years 135
    19 years 145
    20 to 24 years 720
    25 to 29 years 750
    30 to 34 years 785
    35 to 39 years 760
    40 to 44 years 735
    45 to 49 years 880
    50 to 54 years 865
    55 to 59 years 765
    60 to 64 years 650
    65 to 69 years 570
    70 to 74 years 520
    75 to 79 years 475
    80 to 84 years 445
    85 years and over 510
    Median age of the population 41.2
    % of the population aged 15 and over 81.4
  • Marital Status
    Total population 15 years and over by marital status 10195
    Married or living with a common-law partner 5730
    Married (and not separated) 4735
    Living common-law 990
    Not married and not living with a common-law partner 4465
    Single (never legally married) 2370
    Separated 300
    Divorced 790
    Widowed 1005
    Family Characteristics
    Total number of census families in private households 3405
    Size of census family: 2 persons 1925
    Size of census family: 3 persons 630
    Size of census family: 4 persons 540
    Size of census family: 5 or more persons 315
    Total number of census families in private households 3405
    Total couple families by family structure and number of children 2770
    Married couples 2275
    Without children at home 1265
    With children at home 1010
    1 child 365
    2 children 400
    3 or more children 240
    Common-law couples 495
    Without children at home 260
    With children at home 235
    1 child 105
    2 children 85
    3 or more children 45
    Total lone-parent families by sex of parent and number of children 640
    Female parent 510
    1 child 305
    2 children 135
    3 or more children 70
    Male parent 130
    1 child 95
    2 children 25
    3 or more children 10
    Total children in census families in private households 3410
    Under six years of age 950
    6 to 14 years 1310
    15 to 17 years 430
    18 to 24 years 475
    25 years and over 245
    Average number of children at home per census family 1
  • Household And Dwelling Characteristics
    Total number of persons in private households 12050
    Number of persons not in census families 2465
    Living with relatives 310
    Living with non-relatives only 565
    Living alone 1595
    Number of census family persons 9585
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 2140
    Number of persons not in census families aged 65 years and over 780
    Living with relatives 45
    Living with non-relatives only 35
    Living alone 700
    Number of census family persons aged 65 years and over 1355
    Total number of private households by household type 5130
    Census-family households 3330
    One-family-only households 2955
    Couple-family households 2485
    Without children 1385
    With children 1100
    Lone-parent-family households 470
    Other family households 370
    One-family households with persons not in a census family 295
    Couple-family households 185
    Without children 85
    With children 95
    Lone-parent-family households 105
    Two-or-more-family households 80
    Non-census-family households 1805
    One-person households 1595
    Two-or-more-person households 210
    Total number of occupied private dwellings by structural type of dwelling 5130
    Single-detached house 3030
    Apartment, building that has five or more storeys 5
    Movable dwelling 160
    Other dwelling 1940
    Semi-detached house 365
    Row house 360
    Apartment, duplex 65
    Apartment, building that has fewer than five storeys 1130
    Other single-attached house 20
    Total number of private households by household size 5130
    1 person 1595
    2 persons 1835
    3 persons 700
    4 persons 575
    5 persons 265
    6 or more persons 160
    Number of persons in private households 12055
    Average number of persons in private households 2.3
Census 2011

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