Rosedale, 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 Rosedale, Alberta, is currently experiencing steady growth. With a median house price of $500,000, the market has seen a year-over-year increase of 3.5%. This consistent upward trend reflects a healthy demand for single-family homes in the area. Meanwhile, the median apartment price stands at $300,000, with a more modest appreciation of 2.1% over the same period. The divergent growth rates suggest that single-family homes are in higher demand relative to apartments.
Rosedale’s population has grown by an impressive 7.1%, indicating a robust local economy and an influx of new residents looking for housing. This growth has likely contributed to the increased housing demand and subsequent price upticks. The combination of rising prices and population growth suggests that the market is active and could be attractive to both homeowners and investors seeking capital gains.
Investment Opportunities and Potential
Given the current market trends, investment opportunities in Rosedale appear promising. The consistent increase in median house prices points to a strong potential for capital appreciation for those investing in residential properties. Moreover, the growing population hints at a long-term demand for housing, providing investors with opportunities to engage in rental markets or developments.
The slower growth rate of apartment prices compared to houses may offer an entry point for investors looking to capitalize on more affordable options with potential future gains as the market continues to expand. For developers, there may be untapped potential in creating mixed-use developments that cater to both residential needs and community services for the increasing population.
Future Market Outlook
Looking ahead, the future market outlook for Rosedale remains positive. If current trends persist, we can expect continued gradual appreciation across both housing types, though at potentially diverging rates. The ongoing population surge is likely to sustain demand for housing units, further supporting price increases.
However, it’s crucial to monitor economic indicators and development plans that could impact these trends. Factors such as employment rates, infrastructure improvements, and changes in mortgage rates could either bolster or dampen the current trajectory of Rosedale’s real estate market.
Investors should keep an eye on local government policies and initiatives aimed at fostering sustainable community growth while maintaining affordability. As long as Rosedale continues to attract new residents and maintains its economic vitality, its real estate market should offer stable opportunities for both homebuyers and investors alike.
