When looking across the province, Devon is the 87th most expensive in Alberta.
Devon, Alberta has a median house price of $389,000 when compiling all the home listings in Sep .
Devon’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 4 bedrooms.
From our data, it appears that neighbourhood is number 646th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 20.
Alberta has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
Over the last three months in Devon, housing stock available seems to be falling – this could mean that homes values might increase faster.
Across the country as a whole, Devon is in the Top 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
While the median for Alberta is $259,000 , which means that Devon’s median price is $283,041 considerably better than the rest of the province.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Sep this neighbourhood’s most common listing has properties with fewer bedrooms.
Alberta has the fourth most amount of properties available to property investors, with Devon having 49th most in the province, out of a total of 96.
Is Devon a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
The amount of homes for sale in neighbourhood has increased over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also slipped.