Regency Park Housing Market Report

Strong Seller's Market

All types - for the month of April

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*

2 active

New

5(- YoY)

Relisted

-(- YoY)

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

Total Sold Listings*

- sold

Median Sold Price

Avg Days on Market

- days

Median Bidding

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

*Data is for the month of April

Median Sold Price vs Average Days and Average Total Days on Market - Regency Park - All types

Sold vs Active vs New vs Relisted - Regency Park - All types

Sold Price Distribution - Regency Park - All types

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

Property Type Distribution - Regency Park - All types

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

Median Price - Regency Park - All types

Population and Demographics

Overview

Total population 375

Average household income $162,029

Age (%)

50 to 64

25%

0 to 19

23%

35 to 49

20%

65 and plus

16%

20 to 34

16%

Household composition (%)

Single family

81%

Single person

17%

Multi person

Multi family

Mother tongue (%)

English

92%

Others

Tagalog (Pilipino, Filipino)

French

House tenancy (%)

Owners

95%

Renters

Top 1 School in Regency Park

Strathcona Christian Academy1011 Cloverbar Road, T8A 4V7, Sherwood Park, AB

7.9/10

Public•

Transportation

Car Friendly

3/5

Arteries nearby, but traffic congestion and parking problems are possible

Pedestrian Friendly

2/5

Few day-to-day needs are within walking distance

Transit Friendly

3/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

2/5

Some cafés within walking distance

Groceries

3/5

At least one grocery store within a 15-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