Real Estate Market Report for
Alban, ON

Updated : Aug 2016

House

Median price $309,950
Monthly growth -3.12 %
Quarterly trend
Stock on market 0.98%

Apartment

Median price
Monthly growth
Quarterly trend
Stock on market

Alban Home Price

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House Report
Apartment Report

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

The median house price listed in Alban this month is $309,950.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.

From our data, it appears that neighbourhood is number 1350th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 30.

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

In Alban, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.

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

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

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Beds	Median price (House)	Median price (Apartment)
2 bedrooms	$174,900
3 bedrooms	$500,000

Demographics

Population in 20112442
Population in 20062659
2006 to 2011 population change (%)-8.2
Total private dwellings1833
Private dwellings occupied by usual residents1128
Population density per square kilometre3.3
Land area (square km)735.47

Age Characteristics

Total population by age groups	2440
0 to 4 years	75
5 to 9 years	90
10 to 14 years	100
15 to 19 years	95
15 years	15
16 years	25
17 years	20
18 years	15
19 years	25
20 to 24 years	70
25 to 29 years	85
30 to 34 years	100
35 to 39 years	105
40 to 44 years	135
45 to 49 years	195
50 to 54 years	240
55 to 59 years	270
60 to 64 years	300
65 to 69 years	230
70 to 74 years	195
75 to 79 years	80
80 to 84 years	50
85 years and over	30
Median age of the population	53.7
% of the population aged 15 and over	89.1

Marital Status

Total population 15 years and over by marital status	2180
Married or living with a common-law partner	1550
Married (and not separated)	1280
Living common-law	270
Not married and not living with a common-law partner	630
Single (never legally married)	330
Separated	75
Divorced	115
Widowed	120

Family Characteristics

Total number of census families in private households	835
Size of census family: 2 persons	595
Size of census family: 3 persons	130
Size of census family: 4 persons	80
Size of census family: 5 or more persons	25
Total number of census families in private households	835
Total couple families by family structure and number of children	765
Married couples	635
Without children at home	475
With children at home	160
1 child	80
2 children	65
3 or more children	20
Common-law couples	135
Without children at home	75
With children at home	60
1 child	30
2 children	15
3 or more children	10
Total lone-parent families by sex of parent and number of children	70
Female parent	50
1 child	30
2 children	10
3 or more children	0
Male parent	15
1 child	10
2 children	5
3 or more children	0
Total children in census families in private households	450
Under six years of age	90
6 to 14 years	160
15 to 17 years	55
18 to 24 years	85
25 years and over	60
Average number of children at home per census family	0.5

Household And Dwelling Characteristics

Total number of persons in private households	2425
Number of persons not in census families	380
Living with relatives	55
Living with non-relatives only	45
Living alone	280
Number of census family persons	2050
Average number of persons per census family	2.5
Total number of persons 65 years and over in private households	570
Number of persons not in census families aged 65 years and over	130
Living with relatives	15
Living with non-relatives only	5
Living alone	110
Number of census family persons aged 65 years and over	440
Total number of private households by household type	1125
Census-family households	820
One-family-only households	780
Couple-family households	720
Without children	520
With children	205
Lone-parent-family households	55
Other family households	45
One-family households with persons not in a census family	35
Couple-family households	20
Without children	10
With children	15
Lone-parent-family households	10
Two-or-more-family households	10
Non-census-family households	305
One-person households	280
Two-or-more-person households	25
Total number of occupied private dwellings by structural type of dwelling	1125
Single-detached house	1040
Apartment, building that has five or more storeys	0
Movable dwelling	15
Other dwelling	70
Semi-detached house	0
Row house	0
Apartment, duplex	5
Apartment, building that has fewer than five storeys	65
Other single-attached house	0
Total number of private households by household size	1125
1 person	285
2 persons	575
3 persons	135
4 persons	95
5 persons	30
6 or more persons	10
Number of persons in private households	2430
Average number of persons in private households	2.2