Castlegar was Canada’s 1248th most expensive suburb by listed median house price this month.
Castlegar, British Columbia has a median house price of $323,000 when compiling all the home listings in Aug .
If you’re looking at investment properties in Castlegar, then you’re most likely to find homes with 3 bedrooms on sale this month.
Across British Columbia Castlegar has the 42th most properties on offer with 359.
Will prices rise across the next year in in Castlegar? There are a number of real estate indicators to consider.
In Castlegar, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.
The $249,900 price tag on the median Castlegar home means that it is above the cost of most houses in the country.
In province, the most common property on the listings this month has 2 bedrooms, in this neighbourhood it’s 3.
There are 124 neighbourhoods that have more properties on sale than Castlegar at the moment in British Columbia 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 Castlegar will hopefully provide an indicator to help you where to research in-depth
In Castlegar, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.