Across the country as a whole, Delburne is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.
The $233,500 price tag on the median Delburne home means that it is about average price.
Delburne’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
This month we track 183th neighbourhoods in Alberta, and Delburne has the 183th 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 Delburne will hopefully provide an indicator to help you where to research in-depth
The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.
When we look at the data we have, it can help with trying to establish whether or not Delburne is a good investment target.
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 Delburne have stayed pretty much the same which would tend to indicate that demand is steady.