Lethbridge County

Park MeadowsHousing market

Park Meadows

Park Meadows Housing Market Report

Strong Seller's Market

All types - for the month of July

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.

54

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*

4 active

New

5(+66.67% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 4, in 2023: 5, in 2022: 3

Total Sold Listings*

3 sold

Median Sold Price

$350,000

Avg Days on Market

54 days

Median Bidding

-$3,000

Compared to number of sold, same period, in 2024: 4, in 2023: 4, in 2022: 5

*Data is for the month of July

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

Sold vs Active vs New vs Relisted - Park Meadows - All types

Sold Price Distribution - Park Meadows - All types

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

Property Type Distribution - Park Meadows - All types

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

Median Price - Park Meadows - All types

Just sold - Park Meadows

pillar/IMG-A2237054_1.jpg

Sold for $300,000

$19K below asking

41 Hawthorne Pl, Lethbridge

Detached2+23+11063.96 sq ft

Listed by Initia Real Estate

pillar/IMG-A2244560_1.jpg

Sold 7 days ago

Sold for $625,000

$26K above asking

58 Eagle Rd, Lethbridge

Detached2+13+11825.37 sq ft

Listed by Onyx Realty Ltd.

pillar/IMG-A2237493_1.jpg

Sold 25 days ago

Sold for $350,000

2529 15 Ave, Lethbridge

Detached3+13+11088.00 sq ft

Listed by RE/MAX REAL ESTATE - LETHBRIDGE (PICTURE BUTTE)

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Sold 30 days ago

Sold for $475,000

238 Eagle Rd, Lethbridge

Detached3+231013.00 sq ft

Listed by REAL BROKER

pillar/IMG-A2229324_1.jpg

Sold 45 days ago

Sold for $180,000

$10K above asking

1601 23 St #33, Lethbridge

Townhouse21808.00 sq ft

Listed by REAL BROKER

pillar/IMG-A2230298_1.jpg

Sold 50 days ago

Sold for $235,000

$10K above asking

1 Park Meadows Blvd #10, Lethbridge

Townhouse311115.65 sq ft

Listed by RE/MAX REAL ESTATE - LETHBRIDGE

pillar/IMG-A2206272_1.jpg

Sold 84 days ago

Sold for $187,500

$8K below asking

2402 23 St #4, Lethbridge

Townhouse-2+1466.00 sq ft

Listed by REAL BROKER

pillar/IMG-A2218003_1.jpg

Sold 84 days ago

Sold for $174,000

1601 23 St #8, Lethbridge

Townhouse31983.41 sq ft

Listed by Royal Lepage South Country - Lethbridge

pillar/IMG-A2215746_1.jpg

Sold 85 days ago

Sold for $425,000

70 Honeysuckle Rd, Lethbridge

Detached2+12950.17 sq ft

Listed by Grassroots Realty Group

pillar/IMG-A2207935_1.jpg

Sold 126 days ago

Sold for $425,000

10 Quail Pl, Lethbridge

Detached3+23+11269.00 sq ft

Listed by 2 PERCENT REALTY

Population and Demographics

Overview

Total population 1658

Average household income $93,341

Age (%)

0 to 19

21%

20 to 34

19%

35 to 49

18%

50 to 64

20%

65 and plus

23%

Household composition (%)

Single family

64%

Single person

28%

Multi person

7%

Multi family

1%

Mother tongue (%)

English

87%

Others

4%

Nepali

3%

Spanish

3%

Tagalog (Pilipino, Filipino)

1%

German

1%

House tenancy (%)

Owners

77%

Renters

23%

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

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

2/5

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance