Across the nation CREW lists data for 5043 neighbourhoods, and this month Glenelg is number 1237 putting it ahead of most neighbourhoods .
The median house price listed in Glenelg this month is $330,950.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Glenelg has not many at all compared to the rest of the province
When we look at the data we have, it can help with trying to establish whether or not Glenelg is a good investment target.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
Will prices rise across the next year in in Glenelg? There are a number of real estate indicators to consider.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Glenelg there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.