With a median listing price of $278,900, Grand Forks is Canada’s 1734th most expensive when ordered by median listing price.
When our research team crunched the numbers we calculated that Grand Forks has a median home price of $278,900.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
When we look at the data we have, it can help with trying to establish whether or not Grand Forks is a good investment target.
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 Grand Forks, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 135, this month we show 140.
Across the country as a whole, Grand Forks is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
Grand Forks, British Columbia has a median house price of $140,000 when compiling all the home listings in Aug .
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.
This month we track 67th neighbourhoods in British Columbia, and Grand Forks has the 67th most choice available for real estate investors.
Can we guarantee how well Grand Forks is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
If you are looking at investment properties in Grand Forks, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.