When looking across the province, Briercrest is the 289th most expensive in Saskatchewan.
In Aug the median listed house price of $105,000 in Briercrest was relatively low compared to the rest of Saskatchewan.
There are 357 neighbourhoods that have more properties on sale than Briercrest at the moment in Saskatchewan which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Briercrest will hopefully provide an indicator to help you where to research in-depth
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Briercrest, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 4, this month we show 3.
Can we guarantee how well Briercrest 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.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Briercrest have stayed pretty much the same which would tend to indicate that demand is steady.