Beiseker, 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 | $420,000 |
| 3 bedrooms | $500,000 |
| 4 bedrooms | $620,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $260,000 |
| 2 bedrooms | $340,000 |
| 3 bedrooms | $460,000 |
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
1. Current Market Conditions and Trends
In Beiseker, Alberta, the real estate market is showing a steady increase in property values, with the median house price currently standing at $500,000, marking a year-over-year growth of 3.5%. Similarly, the apartment sector reflects a positive trend with a median price of $300,000 and an annual appreciation of 2.1%. These figures indicate a healthy demand for residential properties in the area.
The population of Beiseker has seen significant growth, increasing by 7.1% to reach 15,000 residents. This demographic expansion is a key driver for housing demand and underlines the potential for increased real estate activity in both sales and rentals.
2. Investment Opportunities and Potential
The current market trends suggest that Beiseker offers promising investment opportunities. The consistent rise in property values indicates strong market fundamentals and potential for continued appreciation. Investors can take advantage of the growing housing demand driven by the increasing population.
The relatively moderate increase in apartment prices compared to houses suggests there may be an untapped potential in this segment of the market. As affordability becomes more important for new entrants to the housing market or downsizers, apartments could see a higher demand trajectory, potentially leading to greater returns on investment for early investors.
3. Future Market Outlook
The future real estate market outlook for Beiseker remains optimistic based on current data. The ongoing population growth paired with sustained property value increases positions Beiseker as a potentially lucrative market for both short-term gains through property flipping and long-term investments through rental income.
If current trends persist, investors can anticipate continued appreciation in property values. However, it is crucial to monitor external economic factors such as interest rates, employment rates, and regional economic development initiatives that could impact the local real estate market dynamics.
In summary, Beiseker’s real estate market holds substantial promise for investors due to its solid performance indicators and positive demographic trends. Careful analysis and strategic investment decisions will be key in capitalizing on this market’s future growth.
