Erin Ridge
Erin Ridge

Erin Ridge 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*

16

New

17(+112.50% YoY)

Relisted

1(- YoY)

Compared to number of active, same period, in 2024: 7, in 2023: -, in 2022: -

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: -, in 2022: -

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Erin Ridge - All types

Sold vs Active vs New vs Relisted - Erin Ridge - All types

Sold Price Distribution - Erin Ridge - All types

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

Property Type Distribution - Erin Ridge - All types

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

Median Price - Erin Ridge - All types

Population and Demographics

Overview

Total population 4630
Average household income $176,107

Age (%)

0 to 19
27%
50 to 64
21%
35 to 49
21%
65 and plus
18%
20 to 34
13%

Household composition (%)

Single family
81%
Single person
17%
Multi person
1%
Multi family
0%

Mother tongue (%)

English
91%
Others
5%
French
3%

House tenancy (%)

Owners
94%
Renters
6%

Top 1 School in Erin Ridge

Éâcole Alexandre-Taché30 Erin Ridge Drive, T8N 5S5, St. Albert, AB
5/10
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

Transit Friendly

2/5

Few transit options

Shopping, Food and Nightlife

Cafes

2/5

Some cafés within walking distance

Groceries

2/5

At least one grocery store within a 30-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

2/5

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance