When looking across the province, Allan is the 143th most expensive in Saskatchewan.
With Allan’s median house price at $220,000 in Aug , it is above average compared to the rest of Saskatchewan.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
Saskatchewan has the sixth most amount of properties available to property investors, with Allan having 98th most in the province, out of a total of 357.
It’s never an exact art, but to try to forecast how property is going to appreciate in Allan for investors, it’s important to look at data like:
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Allan there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
Is Allan a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.