Picture Butte
Picture Butte Housing Market Report
Balanced Market
All types - for the month of March
Buyer's market Seller's market
5
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.
27
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*
10 active
New
3(0% YoY)
Relisted
-(- YoY)
Compared to number of active, same period, in 2024: 7, in 2023: 2, in 2022: -
Total Sold Listings*
2 sold
Median Sold Price
$351,000
Avg Days on Market
27 days
Median Bidding
-$4,000
Compared to number of sold, same period, in 2024: 6, in 2023: 6, in 2022: -
*Data is for the month of March
Median Sold Price vs Average Days and Average Total Days on Market - Picture Butte - All types
Sold vs Active vs New vs Relisted - Picture Butte - All types
Sold Price Distribution - Picture Butte - All types
Sold price distribution per the last 3 months's sold listings.
Property Type Distribution - Picture Butte - All types
Property type distribution based on data from the last 3 months.
Median Price - Picture Butte - All types
Just listed - Picture Butte
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Just sold - Picture Butte
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Population and Demographics
Overview
Total population 1173
Average household income $102,937
Age (%)
0 to 19
31%
20 to 34
22%
65 and plus
17%
35 to 49
16%
50 to 64
14%
Household composition (%)
Single family
70%
Single person
26%
Multi person
5%
Multi family
0%
Mother tongue (%)
English
67%
German
9%
Dutch
7%
Spanish
5%
Plautdietsch
5%
Others
3%
Afrikaans
1%
House tenancy (%)
Owners
79%
Renters
21%