University of Alberta Farm
University of Alberta Farm

University of Alberta Farm Housing Market Report

All types - for the month of March

Buyer's market Seller's market

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.

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*

-

New

-

Relisted

-

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

Total Sold Listings*

-

Median Sold Price

-

Avg Days on Market

- days

Median Bidding

-

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

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - University of Alberta Farm - All types

Sold vs Active vs New vs Relisted - University of Alberta Farm - All types

Sold Price Distribution - University of Alberta Farm - All types

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

Property Type Distribution - University of Alberta Farm - All types

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

Median Price - University of Alberta Farm - All types

Population and Demographics

Overview

Total population 1746
Average household income $140,319

Age (%)

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

Household composition (%)

Single family
62%
Single person
30%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
84%
Others
5%
Mandarin
3%
German
2%
Yue (Cantonese)
1%
French
1%

House tenancy (%)

Owners
60%
Renters
40%

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

Transit Friendly

3/5

Transit is available for most trips

Shopping, Food and Nightlife

Cafes

2/5

Few or no cafés within walking distance

Groceries

1/5

No grocery stores within walking distance

Nightlife

1/5

Few or no bars within walking distance

Shopping

3/5

Variety of shops within walking distance

Restaurants

3/5

Some restaurants within walking distance