Prairie Springs
Prairie Springs

Prairie Springs Housing Market Report

Seller's Market

All types - for the month of April

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*

6

New

4(-42.86% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 3, in 2023: 2, in 2022: -

Total Sold Listings*

3

Median Sold Price

$322,000

Avg Days on Market

34 days

Median Bidding

-$5,000

Compared to number of sold, same period, in 2024: 8, in 2023: 2, in 2022: -

*Data is for the month of April

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

Sold vs Active vs New vs Relisted - Prairie Springs - All types

Sold Price Distribution - Prairie Springs - All types

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

Property Type Distribution - Prairie Springs - All types

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

Median Price - Prairie Springs - All types

Just sold - Prairie Springs

View all

Population and Demographics

Overview

Total population 1229
Average household income $147,071

Age (%)

0 to 19
36%
35 to 49
29%
20 to 34
16%
50 to 64
13%
65 and plus
6%

Household composition (%)

Single family
85%
Single person
12%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
86%
Others
3%
Punjabi (Panjabi)
3%
Spanish
2%
French
2%
Tagalog (Pilipino, Filipino)
2%

House tenancy (%)

Owners
82%
Renters
18%

Top 1 School in Prairie Springs

W.H. Croxford High School2654 Chinook Winds Drive SW, T4B 0J4, Airdrie, AB
6.7/10
Public

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast 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 30-minute walk

Nightlife

0/5

Few or no bars within walking distance

Shopping

2/5

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance