Across the nation CREW lists data for 5162 neighbourhoods, and this month Coutts is number 4154 putting it behind most of Canada .
With Coutts’s median house price at $139,049 in Aug , it is one of the cheapest neighbourhoods compared to the rest of Alberta.
There are 339 neighbourhoods that have more properties on sale than Coutts at the moment in Alberta which puts the neighbourhood lowest fifth 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 Coutts will hopefully provide an indicator to help you where to research in-depth
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 Coutts have stayed pretty much the same which would tend to indicate that demand is steady.
Will prices rise across the next year in in Coutts? There are a number of real estate indicators to consider.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Coutts there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.