Valleyview, Alberta Real Estate Market Data
Updated: Nov 2024
House
| Median price | $485,000 |
| Monthly growth | 1.1% |
| Quarterly trend | 3.2% |
| Stock on market | 0.7% |
Apartment
| Median price | $295,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 2.0% |
| Stock on market | 1.1% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $420,000 |
| 3 bedrooms | $485,000 |
| 4 bedrooms | $575,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $240,000 |
| 2 bedrooms | $340,000 |
| 3 bedrooms | $430,000 |
Demographics
| Current Population (2025) | 15,200 |
| Previous Population (2020) | 14,800 |
| Population Change | 2.7% |
| Total Private Dwellings | 6,200 |
| Occupied Private Dwellings | 5,600 |
| Population Density (per km²) | 1.7 |
| Land Area (km²) | 2,500.5 |
Market Analysis
1. Current Market Conditions and Trends
The real estate market in Valleyview, Alberta, is currently experiencing a steady growth trajectory. With a median house price of $485,000, the market has seen an incremental year-over-year increase of 3.2%. This suggests a stable and growing housing sector that is attracting interest due to its upward trend. Similarly, the median apartment price stands at $295,000, with a growth trend following closely at 2% year-over-year. The consistent growth in both housing types points to a balanced market that caters well to various segments of buyers.
Valleyview’s population has risen to approximately 15,200 residents, with a positive population growth rate of 2.7%. This demographic expansion underpins the increasing housing demand and contributes to the overall health and dynamism of the local real estate market.
2. Investment Opportunities and Potential
The data indicates that Valleyview presents promising investment opportunities. The town’s steady population increase coupled with rising property values suggest a strong potential for rental demand and long-term capital appreciation. Investors considering entry into this market may find these conditions advantageous for both immediate rental income streams and future asset value increases.
The consistent growth in median house prices signals a sustainable appreciation pattern that bodes well for investors looking for medium to long-term investments. Apartments, with their more modest year-over-year price increase, present an accessible entry point for investors aiming to cater to individuals or smaller families seeking rental accommodations.
3. Future Market Outlook
The outlook for Valleyview’s real estate market remains positive. Given the solid foundation of ongoing population growth and steady appreciation in property prices, it is reasonable to anticipate that these trends will continue into the foreseeable future.
In light of economic stability and the potential influx of new residents seeking employment or lifestyle changes in this region, demand for housing is expected to remain robust. The market is likely poised for continued growth, albeit potentially at a cautious pace as it adjusts to broader economic conditions affecting Alberta and Canada as a whole.
In conclusion, Valleyview offers strong investment opportunities backed by positive market trends. Prospective buyers or investors should monitor local economic developments closely, as these will play a significant role in shaping future market dynamics.
