Mossleigh, 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
In Mossleigh, Alberta, the real estate market is currently experiencing a steady growth in property values. With a median house price of $500,000, the market has seen a respectable year-over-year increase of 3.5%. Similarly, the median apartment price stands at $300,000, with a slightly lower growth rate of 2.1% year-over-year.
The local population has reached approximately 15,000 residents, with a robust growth rate of 7.1%. This demographic trend suggests a rising demand for housing driven by an increasing population, which may be contributing to the current upward trend in property values.
Investment Opportunities and Potential
The positive trajectory in home valuations paired with significant population growth indicates healthy investment potential in Mossleigh’s real estate market. Investors may find opportunities in both the single-family home segment and the apartment sector. The steady appreciation of house prices suggests that purchasing residential properties could yield capital gains over time.
Additionally, as the population continues to expand, there will likely be an increased demand for rental properties. Therefore, investing in apartments or developing multi-family units could cater to this growing segment and provide investors with sustained rental income streams.
Future Market Outlook
The future outlook for Mossleigh’s real estate market remains optimistic based on current trends and data. Assuming that the region maintains its population growth momentum and economic conditions remain stable, the demand for housing is likely to persist.
This sustained demand, coupled with the observed steady increase in property values, may continue to propel the market forward. However, investors should monitor economic indicators and be mindful of external factors such as interest rate changes and broader economic shifts that can impact local real estate dynamics.
In conclusion, Mossleigh presents a promising landscape for both short-term property investors looking for capital gains and long-term investors seeking stable rental yields.
