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 experiencing a period of steady growth. The median house price stands at $500,000, reflecting a year-over-year increase of 3.5%. This growth rate indicates a healthy demand for homes in the area, coupled with a supply that is relatively in line with this demand. On the other hand, apartments are showing a slightly less aggressive growth trend, with the median apartment price at $300,000 and an annual appreciation of 2.1%. This difference in growth between houses and apartments may suggest that families or individuals looking for more space are driving market dynamics.
Investment Opportunities and Potential
Given the steady rise in property values and the significant population growth rate of 7.1%, Mossleigh’s real estate market presents promising investment opportunities. The ongoing population increase, currently at a count of 15,000, is likely to continue driving demand for housing. Investors could find potential in both residential properties for long-term appreciation and rental properties to cater to those not yet ready to buy. With houses appreciating at a higher rate than apartments, investing in single-family homes could offer greater capital gains over time. However, apartments might provide more affordable entry points into the market and appeal to younger demographics or smaller households.
Future Market Outlook
The future outlook for Mossleigh’s real estate market remains optimistic based on current trends and data. The steady appreciation of home values suggests that the market is not experiencing speculative growth but rather organic expansion supported by demographic trends. With a robust population growth rate that outpaces many other regions, demand for housing should remain strong. Assuming no major economic disruptions occur, investors can reasonably expect continued modest appreciation in property values across both houses and apartments. The local government’s plans for infrastructure development or community services could further bolster this outlook by enhancing Mossleigh’s attractiveness as a place to live and invest.