Varsity Village
Varsity Village

Varsity Village Housing Market Report

Strong Seller's Market

All types - for the month of April

Buyer's market Seller's market

0

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.

13

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

New

17(-10.53% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 16, in 2023: 31, in 2022: 1

Total Sold Listings*

16

Median Sold Price

$180,300

Avg Days on Market

13 days

Median Bidding

-

Compared to number of sold, same period, in 2024: 15, in 2023: 12, in 2022: 0

*Data is for the month of April

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

Sold vs Active vs New vs Relisted - Varsity Village - All types

Sold Price Distribution - Varsity Village - All types

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

Property Type Distribution - Varsity Village - All types

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

Median Price - Varsity Village - All types

Just sold - Varsity Village

View all

Population and Demographics

Overview

Total population 6206
Average household income $99,835

Age (%)

20 to 34
31%
0 to 19
25%
35 to 49
17%
65 and plus
14%
50 to 64
13%

Household composition (%)

Single family
58%
Single person
29%
Multi person
12%
Multi family
0%

Mother tongue (%)

English
91%
Others
4%
Spanish
1%
German
1%
French
1%

House tenancy (%)

Owners
54%
Renters
46%

Top 1 School in Varsity Village

Children of St. Martha School206 McMaster Boulevard W., T1K 4R3, Lethbridge, AB
3.3/10
Public

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

1/5

No grocery stores within walking distance

Nightlife

1/5

Few or no bars within walking distance

Shopping

1/5

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance