Analta, Alberta Real Estate Market Data
Updated: Nov 2024
House
| Median price | $500,000 |
| Monthly growth | 1.2% |
| Quarterly trend | 3.5% |
| Stock on market | 0.8% |
Apartment
| Median price | $300,000 |
| Monthly growth | 0.9% |
| Quarterly trend | 2.1% |
| Stock on market | 1.2% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $400,000 |
| 3 bedrooms | $500,000 |
| 4 bedrooms | $600,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $250,000 |
| 2 bedrooms | $350,000 |
| 3 bedrooms | $450,000 |
Demographics
| Current Population (2025) | 15,000 |
| Previous Population (2020) | 14,000 |
| Population Change | 7.1% |
| Total Private Dwellings | 6,000 |
| Occupied Private Dwellings | 5,500 |
| Population Density (per km²) | 1.5 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Analta, Alberta, is currently experiencing steady growth. With a median house price of $500,000, the market has seen a respectable year-over-year increase of 3.5%. This suggests that property values in Analta are on an upward trajectory, offering homeowners a solid appreciation on their investments. The market for apartments is also showing positive growth, albeit at a slightly slower pace, with a median apartment price of $300,000 and an annual trend increase of 2.1%.
The population of Analta stands at 15,000 residents and has witnessed significant growth at a rate of 7.1%. This demographic expansion can be attributed to various factors such as employment opportunities, lifestyle preferences, and overall living standards in the region. The increasing population is an indicator of potential demand for housing which may continue to drive the real estate market forward.
Investment Opportunities and Potential
Analta’s real estate market presents attractive investment opportunities due to its consistent growth trends. Investors looking at long-term capital gains should consider the single-family housing market which is currently displaying stronger growth than apartments. The steady increase in house prices suggests that demand remains robust and may continue to support healthy returns on investment.
Apartments offer a lower barrier to entry for investors due to their more affordable median price point. While the growth rate for apartments is more modest compared to houses, they represent a good opportunity for investors seeking rental income, especially as the growing population may lead to increased rental demand.
Analta’s real estate market could benefit from strategic investments aimed at meeting the anticipated housing needs of its expanding population. Developers and investors should note the potential in both residential sales and rental markets.
Future Market Outlook
The future outlook for Analta’s real estate market appears positive given the current trends and underlying demographic factors. Assuming that the population continues to grow at a similar rate, it is likely that demand for housing will remain strong, thereby supporting further price growth across both houses and apartments.
It is important for potential investors to monitor economic factors such as employment rates, income levels, and interest rates as these could impact affordability and influence buyer activity in the region. However, if current conditions persist, Analta’s real estate market may see continued appreciation in property values along with sustained investment opportunities.
In summary, careful analysis of the local economy and ongoing monitoring of demographic shifts are crucial for investors looking to capitalize on Analta’s promising real estate trends.
