Ross Glen
Ross Glen

Ross Glen Housing Market Report

Strong Seller's Market

All types - for the month of March

Buyer's market Seller's market

1

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.

17

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*

6

New

16(+60.00% YoY)

Relisted

2(- YoY)

Compared to number of active, same period, in 2024: 11, in 2023: 9, in 2022: -

Total Sold Listings*

11

Median Sold Price

$425,000

Avg Days on Market

17 days

Median Bidding

-$6,900

Compared to number of sold, same period, in 2024: 9, in 2023: 11, in 2022: -

*Data is for the month of March

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

Sold vs Active vs New vs Relisted - Ross Glen - All types

Sold Price Distribution - Ross Glen - All types

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

Property Type Distribution - Ross Glen - All types

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

Median Price - Ross Glen - All types

Population and Demographics

Overview

Total population 6325
Average household income $109,785

Age (%)

0 to 19
24%
50 to 64
21%
65 and plus
21%
35 to 49
19%
20 to 34
16%

Household composition (%)

Single family
72%
Single person
24%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
93%
Others
3%
Tagalog (Pilipino, Filipino)
1%
German
1%

House tenancy (%)

Owners
80%
Renters
20%

Top 1 School in Ross Glen

Mother Teresa School235 Cameron Road S.E., T1B 2Z2, Medicine Hat, AB
7.2/10
Public•

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast amount of parking nearby

Pedestrian Friendly

2/5

Few day-to-day needs are within walking distance

Shopping, Food and Nightlife

Cafes

2/5

Few or no cafés within walking distance

Groceries

3/5

At least one grocery store within a 30-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

3/5

Variety of shops within walking distance

Restaurants

2/5

Some restaurants within walking distance