Leslieville, 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 Leslieville, Alberta, is currently experiencing a steady increase in property values. With a median house price of $500,000 and an annual appreciation rate of 3.5%, the market reflects a healthy demand for single-family homes. Likewise, the apartment sector shows a positive trend with a median price of $300,000 and a growth rate of 2.1% over the past year. These figures suggest a robust and stable housing market that continues to attract buyers and investors.
Leslieville’s population has seen significant growth at a rate of 7.1%, which can be attributed to its emerging economic opportunities and lifestyle appeal. This demographic expansion is likely contributing to the sustained demand for housing and is expected to continue driving real estate trends in the near future.
Investment Opportunities and Potential
Investors considering Leslieville should note the area’s potential for long-term capital gains given the consistent rise in property values. The solid year-over-year growth rates in both house (3.5%) and apartment (2.1%) prices indicate that investments made today are likely to benefit from appreciation over time.
Moreover, due to the substantial population growth, there is an opportunity for the development of new residential properties to meet the increasing demand for housing. Rental properties also present an attractive option as more residents may look for temporary or flexible living arrangements before committing to homeownership.
Given the current market dynamics, investment in Leslieville’s real estate could offer balanced risk-reward scenarios for both short-term rental income strategies and long-term equity growth.
Future Market Outlook
Looking forward, Leslieville’s real estate market appears poised for continued growth. The combination of steady population increases, consistent appreciation of property values, and ongoing economic development suggests that Leslieville will remain an appealing destination for both homebuyers and investors.
Assuming current trends persist, we can anticipate further gradual increases in property prices across both houses and apartments. However, potential investors should keep an eye on national economic indicators as well as local policy changes that could impact future market conditions.
In conclusion, Leslieville presents a promising landscape for real estate investment with its favorable market conditions and positive outlook. Careful analysis of specific investment properties and ongoing monitoring of market trends are recommended to maximize returns.
