Redwater
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Redwater is a town in northern Alberta, Canada. It is located 52 kilometres (32 mi) north of Edmonton on Highway 38, in Sturgeon County. Its population, as of 2006, was 2,192.
In the early 1900s, the area where Redwater stands was settled first by Ukrainian settlers, and within a decade by English and French settlers. The name Redwater is a reference to the nearby Redwater River, an ochre-coloured tributary that drains into the North Saskatchewan River.
The first settlement was founded on September 7, 1906. It was relocated to the present site in 1919, when Redwater registered as a hamlet. On December 31, 1949 it was incorporated as a village, and on November 25, 1950 as a town.
Originally, Redwater was primarily a farming community surrounded by excellent farmland with some of the best soil in Alberta. The 1948 discovery of oil in the area transformed the sleepy hamlet of about 160 people into a booming town of over 4000 people at the peak of the oil boom in the 1950s. The population has declined since to around 2000.
Demographics
In 2006, Redwater had a population of 2,192 living in 898 dwellings, a 0.9% increase from 2001. The town has a land area of 7.95 km&178; (3.1 sq mi) and a population density of 275.6/km&178; (713.8/sq mi).
Redwater Area Info
Properties For Sale
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PLEASE NOTE: listing information, although believed to be accurate, is not guaranteed.
Redwater Real Estate Statistics*
| Previous Week | Previous Month | Year To Date | Past Year | |
|---|---|---|---|---|
| Avg List Price Single Family: |
$374,250 | $254,345 | $269,609 | $253,689 |
| Avg List Price Condominium: |
N/A | N/A | N/A | $240,000 |
| Current Listings in Redwater : | 42 | |||
| Current Listings in Edmonton and Surrounding Area: | 9,905 | |||
| Recent Edmonton and Surrounding Area MLS® Stats | |
|---|---|
| New Listings in Past 14 Days: | 1,973 |
| Price Reductions in Past 14 Days: | 2,075 |
Last Updated: April 15, 2010, 8:06 am
SOURCE: Edmonton Real Estate Board Multiple Listing System
PLEASE NOTE: The above statistics are calculated based on available "Residential" data, including Condominiums and Single Family Dwellings and may also include Exclusive listings entered by clients of Internet Brokers Group and found exclusively within our network. These statistics are updated every time there is a market update or once per hour, whichever comes first. The "Average list price" noted does not include "Sold" or "Pending" listings, it only includes "Active", available listings. The information displayed here, although based on statistics available and believed to be accurate, is not guaranteed and should be considered 'approximate' unless independently confirmed.
