Slave Lake
Slave Lake

Slave Lake Housing Market Report

Seller's Market

All types - for the month of March

Buyer's market Seller's market

3

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.

41

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*

15

New

10(-16.67% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 29, in 2023: 42, in 2022: -

Total Sold Listings*

5

Median Sold Price

$500,000

Avg Days on Market

41 days

Median Bidding

-$18,000

Compared to number of sold, same period, in 2024: 6, in 2023: 12, in 2022: -

*Data is for the month of March

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

Sold vs Active vs New vs Relisted - Slave Lake - All types

Sold Price Distribution - Slave Lake - All types

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

Property Type Distribution - Slave Lake - All types

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

Median Price - Slave Lake - All types

Just sold - Slave Lake

View all

Population and Demographics

Overview

Total population 6413
Average household income $125,395

Age (%)

0 to 19
31%
35 to 49
22%
20 to 34
22%
50 to 64
17%
65 and plus
8%

Household composition (%)

Single family
68%
Single person
24%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
84%
Tagalog (Pilipino, Filipino)
6%
Others
4%
French
1%
Arabic
1%

House tenancy (%)

Owners
66%
Renters
34%

Top 3 Schools in Slave Lake

Roland Michener Secondary School106 - 7 Street S.E., T0G 2A3, Slave Lake, AB
4.7/10
Public•
St. Mary of the Lake409 - 6 Avenue S.W., T0G 2A4, Slave Lake, AB
2.8/10
Public•
Lakeside Outreach School350 6 Avenue NE, T0G 2A0, Slave Lake, AB
0.1/10
Public•