When looking across the province, French Creek is the 87th most expensive in British Columbia.
With French Creek’s median house price at $579,900 in Aug , it is above average compared to the rest of British Columbia.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
British Columbia has the third most amount of properties available to property investors, with French Creek having 158th most in the province, out of a total of 359.
As one of British Columbia’s many potential real estate investment neighbourhoods, French Creek needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
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 French Creek, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 18, this month we show 19.
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.
British Columbia 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.
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 French Creek have stayed pretty much the same which would tend to indicate that demand is steady.