The median asking price in Erickson is $302,499, an improvement on the median three months ago which was $344,900 .
When our research team crunched the numbers we calculated that Erickson has a median home price of $302,499.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
From our data, it appears that neighbourhood is number 1631th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 40.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Erickson 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 Erickson have increased which would tend to indicate that demand is not as high as supply.
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 Erickson? There are a number of real estate indicators to consider.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.