The median asking price in Glen Bay is $292,400, an improvement on the median three months ago which was $399,900 .
The $292,400 price tag on the median Glen Bay home means that it is above the cost of most houses in the country.
From our data, it appears that neighbourhood is number 4285th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 40.
It’s never an exact art, but to try to forecast how property is going to appreciate in Glen Bay for investors, it’s important to look at data like:
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 Glen Bay have stayed pretty much the same which would tend to indicate that demand is steady.
Will prices rise across the next year in in Glen Bay? 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.