Frank was Canada’s 3675th most expensive suburb by listed median house price this month.
The median house price listed in Frank this month is $160,500.
Across Alberta Frank has the 298th most properties on offer with 339.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Frank will hopefully provide an indicator to help you where to research in-depth
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 Frank, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 2, this month we show 2.
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.
Is Frank a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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 Frank have stayed pretty much the same which would tend to indicate that demand is steady.