Real Estate Market Report for
Westlock County, AB

Home Top NeighbourhoodsWestlock County, Alberta

Updated : Aug 2016

House

Median price $399,000
Monthly growth 19.12 %
Quarterly trend
Stock on market 1.16%

Apartment

Median price
Monthly growth
Quarterly trend
Stock on market

Westlock County Home Price

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House Report
Apartment Report

Westlock County was Canada’s 758th most expensive suburb by listed median house price this month.

With Westlock County’s median house price at $399,000 in Aug , it is above average compared to the rest of Alberta.

Investors looking for properties in Westlock County are most likely to find 3 bedroom homes on offer this month, with 4 bedroom potential investment properties the second most popular.

There are 339 neighbourhoods that have more properties on sale than Westlock County at the moment in Alberta which puts the neighbourhood top 40% when looking at the number of properties to choose from.

When we look at the data we have, it can help with trying to establish whether or not Westlock County is a good investment target.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Westlock County there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.

Alberta has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

Research property data for another neighbourhood

Beds	Median price (House)	Median price (Apartment)
2 bedrooms	$224,950
3 bedrooms	$389,000
4 bedrooms	$435,000
5 bedrooms	$457,450
6 bedrooms	$494,950

Demographics

Population in 20117644
Population in 20066910
2006 to 2011 population change (%)10.6
Total private dwellings2925
Private dwellings occupied by usual residents2696
Population density per square kilometre2.4
Land area (square km)3170.71

Age Characteristics

Total population by age groups	7645
0 to 4 years	480
5 to 9 years	580
10 to 14 years	570
15 to 19 years	510
15 years	120
16 years	115
17 years	105
18 years	75
19 years	95
20 to 24 years	325
25 to 29 years	355
30 to 34 years	435
35 to 39 years	440
40 to 44 years	490
45 to 49 years	545
50 to 54 years	620
55 to 59 years	610
60 to 64 years	555
65 to 69 years	440
70 to 74 years	315
75 to 79 years	220
80 to 84 years	110
85 years and over	55
Median age of the population	41.4
% of the population aged 15 and over	78.7

Marital Status

Total population 15 years and over by marital status	6015
Married or living with a common-law partner	4155
Married (and not separated)	3715
Living common-law	440
Not married and not living with a common-law partner	1855
Single (never legally married)	1225
Separated	130
Divorced	295
Widowed	205

Family Characteristics

Total number of census families in private households	2215
Size of census family: 2 persons	1205
Size of census family: 3 persons	365
Size of census family: 4 persons	355
Size of census family: 5 or more persons	295
Total number of census families in private households	2215
Total couple families by family structure and number of children	1990
Married couples	1770
Without children at home	930
With children at home	835
1 child	270
2 children	310
3 or more children	255
Common-law couples	220
Without children at home	130
With children at home	85
1 child	35
2 children	30
3 or more children	25
Total lone-parent families by sex of parent and number of children	225
Female parent	155
1 child	90
2 children	45
3 or more children	15
Male parent	75
1 child	45
2 children	20
3 or more children	10
Total children in census families in private households	2315
Under six years of age	505
6 to 14 years	960
15 to 17 years	305
18 to 24 years	340
25 years and over	200
Average number of children at home per census family	1

Household And Dwelling Characteristics

Total number of persons in private households	7275
Number of persons not in census families	760
Living with relatives	150
Living with non-relatives only	150
Living alone	460
Number of census family persons	6520
Average number of persons per census family	2.9
Total number of persons 65 years and over in private households	1120
Number of persons not in census families aged 65 years and over	230
Living with relatives	40
Living with non-relatives only	20
Living alone	170
Number of census family persons aged 65 years and over	890
Total number of private households by household type	2695
Census-family households	2175
One-family-only households	2015
Couple-family households	1865
Without children	1005
With children	865
Lone-parent-family households	145
Other family households	160
One-family households with persons not in a census family	120
Couple-family households	70
Without children	35
With children	45
Lone-parent-family households	50
Two-or-more-family households	40
Non-census-family households	520
One-person households	460
Two-or-more-person households	65
Total number of occupied private dwellings by structural type of dwelling	2695
Single-detached house	2375
Apartment, building that has five or more storeys	5
Movable dwelling	300
Other dwelling	20
Semi-detached house	10
Row house	5
Apartment, duplex	5
Apartment, building that has fewer than five storeys	0
Other single-attached house	5
Total number of private households by household size	2695
1 person	455
2 persons	1150
3 persons	370
4 persons	370
5 persons	220
6 or more persons	125
Number of persons in private households	7275
Average number of persons in private households	2.7