Magrath HeightsHousing market

Magrath Heights

Magrath Heights Housing Market Report

Strong Buyer's Market

All types - for the month of June

Buyer's market Seller's market

18

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 5+ months indicates a buyer’s market, where homes are selling slowly and there are more homes than available buyers.

25

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*

18 active

New

10(-23.08% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 15, in 2023: 2, in 2022: -

Total Sold Listings*

1 sold

Median Sold Price

$780,000

Avg Days on Market

25 days

Median Bidding

-$19,900

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

*Data is for the month of June

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

Sold vs Active vs New vs Relisted - Magrath Heights - All types

Sold Price Distribution - Magrath Heights - All types

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

Property Type Distribution - Magrath Heights - All types

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

Median Price - Magrath Heights - All types

Just listed - Magrath Heights

Unknown for 160 - 340 MAGRATH RD, Edmonton Alberta T6R3T7

1 day on market

160 - 340 MAGRATH RD , Edmonton

Condo221200 sq ft

Listed by RE/MAX Excellence

Living room with furniture, unknown for #112 - 7463 MAY CM, Edmonton Alberta T6R0X1

1 day on market

#112 - 7463 MAY CM , Edmonton

Condo221259 sq ft

Listed by Century 21 Masters

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, mountain view for #504 - 7463 MAY CM, Edmonton Alberta T6R0X1

2 days on market

#504 - 7463 MAY CM , Edmonton

Condo221128 sq ft

Listed by MaxWell Progressive

Open concept kitchen, ceramic/tile floor for #105 - 160 MAGRATH ROAD, Edmonton Alberta T6R3T7

5 days on market

#105 - 160 MAGRATH ROAD , Edmonton

Condo221262 sq ft

Listed by Exp Realty

Home with vinyl exterior material, street for #14 - 2003 RABBIT HILL RD, Edmonton Alberta T6R0R7

5 days on market

#14 - 2003 RABBIT HILL RD , Edmonton

Condo33+11625 sq ft

Listed by Century 21 Masters

Home with vinyl exterior material, street for NW - 3411 MACNEIL LINK LI, Edmonton Alberta T6R0H5

6 days on market

NW - 3411 MACNEIL LINK LI , Edmonton

Detached3+14+12358 sq ft

Listed by Real Broker

Patio, street for NW - 7506 MAY CM, Edmonton Alberta T6R0G9

7 days on market

NW - 7506 MAY CM , Edmonton

Condo33+11518 sq ft

Listed by RE/MAX Elite

Home with brick exterior material, street for 314 MAGRATH BV, Edmonton Alberta T6R0M7

9 days on market

314 MAGRATH BV , Edmonton

Detached3+14+12008 sq ft

Listed by RE/MAX Excellence

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 3090 MACNEIL WY, Edmonton Alberta T6R0H7

14 days on market

3090 MACNEIL WY , Edmonton

Detached55+23829 sq ft

Listed by Rimrock Real Estate

Home with vinyl exterior material, street for 7232 MAY RD, Edmonton Alberta T6R0V8

21 days on market

7232 MAY RD , Edmonton

Detached3+142347 sq ft

Listed by Century 21 Bravo Realty

Population and Demographics

Overview

Total population 2852

Average household income $225,581

Age (%)

0 to 19

28%

20 to 34

13%

35 to 49

24%

50 to 64

22%

65 and plus

13%

Household composition (%)

Single family

82%

Single person

16%

Multi person

2%

Multi family

1%

Mother tongue (%)

English

63%

Mandarin

11%

Yue (Cantonese)

6%

Korean

5%

Punjabi (Panjabi)

3%

Iranian Persian

2%

Arabic

2%

Urdu

2%

Spanish

1%

Others

0%

House tenancy (%)

Owners

85%

Renters

15%

Transportation

Car Friendly

4/5

Good access to freeways and major arteries, with a large amount of parking nearby

Pedestrian Friendly

2/5

Few day-to-day needs are within walking distance

Transit Friendly

2/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

2/5

Few or no cafés within walking distance

Groceries

3/5

At least one grocery store within a 15-minute walk

Nightlife

0/5

Few or no bars within walking distance

Shopping

2/5

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance