The median house price listed in Edenwold this month is $225,000.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 2.
From our data, it appears that neighbourhood is number 2634th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 50.
Is Edenwold a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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 Edenwold, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 7, this month we show 6.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
Will prices rise across the next year in in Edenwold? There are a number of real estate indicators to consider.
If you are looking at investment properties in Edenwold, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.