Canada’s national median home listing price this month is $290,900, which means that Black Diamond is in the top 20% for Canada.
In Aug the median listed house price of $425,000 in Black Diamond was an impressive compared to the rest of Alberta.
Alberta has the fourth most amount of properties available to property investors, with Black Diamond having 108th most in the province, out of a total of 339.
Can we guarantee how well Black Diamond is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.
Black Diamond was Canada’s 133th most expensive suburb by listed median house price this month.
The median house price listed in Black Diamond this month is $339,900.
Will prices rise across the next year in in Black Diamond? There are a number of real estate indicators to consider.
If you are looking at investment properties in Black Diamond, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.