Lethbridge County

LakeviewHousing market

Lakeview

Lakeview Housing Market Report

Seller's Market

All types - for the month of March

Buyer's market Seller's market

2

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.

34

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*

7 active

New

6(-14.29% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 8, in 2023: 8, in 2022: -

Total Sold Listings*

3 sold

Median Sold Price

$365,000

Avg Days on Market

34 days

Median Bidding

-$4,900

Compared to number of sold, same period, in 2024: 7, in 2023: 5, in 2022: -

*Data is for the month of March

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

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

Sold Price Distribution - Lakeview - All types

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

Property Type Distribution - Lakeview - All types

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

Median Price - Lakeview - All types

Just sold - Lakeview

pillar/IMG-A2195127_1.jpg

Sold for $419,000

$6K below asking

1031 Lakemount Blvd, Lethbridge

Detached3+231239.00 sq ft

Listed by RE/MAX REAL ESTATE - LETHBRIDGE

pillar/IMG-A2202801_1.jpg

Sold 8 days ago

Sold for $190,000

$10K below asking

1716 Henderson Lake Blvd #104, Lethbridge

Condo11594.00 sq ft

Listed by RE/MAX REAL ESTATE - LETHBRIDGE

pillar/IMG-A2207507_1.jpg

Sold 10 days ago

Sold for $321,500

$42K above asking

1411 Henderson Lake Blvd, Lethbridge

Detached3+121225.00 sq ft

Listed by RE/MAX REAL ESTATE - LETHBRIDGE

Population and Demographics

Overview

Total population 2074

Average household income $102,539

Age (%)

20 to 34

23%

0 to 19

21%

65 and plus

21%

50 to 64

19%

35 to 49

17%

Household composition (%)

Single family

61%

Single person

31%

Multi person

7%

Multi family

0%

Mother tongue (%)

English

90%

Others

3%

Spanish

2%

Tagalog (Pilipino, Filipino)

1%

German

1%

House tenancy (%)

Owners

71%

Renters

29%

Transportation

Car Friendly

5/5

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

Shopping, Food and Nightlife

Cafes

2/5

Some cafés within walking distance

Groceries

3/5

At least one grocery store within a 15-minute walk

Nightlife

2/5

Few or no bars within walking distance

Shopping

2/5

Some shops within walking distance

Restaurants

3/5

Some restaurants within walking distance