Across the nation CREW lists data for 5162 neighbourhoods, and this month Carman is number 2609 putting it in the bottom half of the country .
While the median for Manitoba is $264,900 , which means that Carman’s median price is $217,000 below average than the rest of the province.
Carman’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Carman has a huge choice compared to the rest of the province
When we look at the data we have, it can help with trying to establish whether or not Carman is a good investment target.
Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.
With a median listing price of $249,000, Carman is Canada’s 365th most expensive when ordered by median listing price.
The median house price listed in Carman this month is $249,000.
There are 25 neighbourhoods that have more properties on sale than Carman at the moment in Manitoba which puts the neighbourhood middle range when looking at the number of properties to choose from.
Will prices rise across the next year in in Carman? There are a number of real estate indicators to consider.
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.