Canada’s national median home listing price this month is $309,000, which means that Carmacks is close to average for Canada.
Carmacks, Yukon has a median house price of $209,500 when compiling all the home listings in Nov .
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
This month we track 3rd neighbourhoods in Yukon, and Carmacks has the 3rd most choice available for real estate investors.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Carmacks will hopefully provide an indicator to help you where to research in-depth
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.
Is Carmacks a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Over the last three months in Carmacks, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.