Smoky Lake
Smoky Lake

Smoky Lake Housing Market Report

Strong Seller's Market

All types - for the month of March

Buyer's market Seller's market

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.

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*

3

New

1(-80.00% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 10, in 2023: 3, in 2022: 1

Total Sold Listings*

-

Median Sold Price

-

Avg Days on Market

- days

Median Bidding

-

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

*Data is for the month of March

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

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

Sold Price Distribution - Smoky Lake - All types

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

Property Type Distribution - Smoky Lake - All types

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

Median Price - Smoky Lake - All types

Population and Demographics

Overview

Total population 832
Average household income $97,736

Age (%)

65 and plus
45%
50 to 64
19%
35 to 49
13%
0 to 19
13%
20 to 34
10%

Household composition (%)

Single family
52%
Single person
43%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
82%
Ukrainian
9%
Others
2%
Tagalog (Pilipino, Filipino)
2%
French
2%
Polish
1%

House tenancy (%)

Owners
75%
Renters
25%