Vermilion
Vermilion

Vermilion Housing Market Report

Balanced Market

All types - for the month of March

Buyer's market Seller's market

5

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

90

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

27

New

12(+140.00% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 22, in 2023: 24, in 2022: 1

Total Sold Listings*

6

Median Sold Price

$143,250

Avg Days on Market

90 days

Median Bidding

-$10,700

Compared to number of sold, same period, in 2024: 2, in 2023: 2, in 2022: 0

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Vermilion - All types

Sold vs Active vs New vs Relisted - Vermilion - All types

Sold Price Distribution - Vermilion - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Vermilion - All types

Property type distribution based on data from the last 3 months.

Median Price - Vermilion - All types

Population and Demographics

Overview

Total population 3699
Average household income $114,554

Age (%)

0 to 19
24%
65 and plus
22%
35 to 49
18%
50 to 64
18%
20 to 34
18%

Household composition (%)

Single family
60%
Single person
36%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
92%
Others
3%
Tagalog (Pilipino, Filipino)
2%
Ukrainian
1%

House tenancy (%)

Owners
77%
Renters
23%

Top 3 Schools in Vermilion

J. R. Robson School5102 - 46 Street, T9X 1G5, Vermilion, AB
6.3/10
Public•
Vermilion Elementary School4837 - 44 Street, T9X 1G3, Vermilion, AB
5.9/10
Public•
St. Jerome's School4820 - 46 Street, T9X 1G2, Vermilion, AB
5/10
Public•