The median asking price in Carstairs is $386,400, a substantial increase over the median three months ago which was $389,700 .
The median house price listed in Carstairs this month is $386,400.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
From our data, it appears that neighbourhood is number 473th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 10.
It’s never an exact art, but to try to forecast how property is going to appreciate in Carstairs for investors, it’s important to look at data like:
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 Carstairs, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 68, this month we show 66.
Across the country as a whole, Carstairs is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
The median house price listed in Carstairs this month is $358,400.
There are 99 neighbourhoods that have more properties on sale than Carstairs at the moment in Alberta which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.
Is Carstairs a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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 Carstairs have dried up which would tend to indicate that demand is higher than the supply of new properties.