Canada’s national median home listing price this month is $290,900, which means that Grasmere is in the top 20% for Canada.
Want a cheaply priced house? Then at $435,000 this month, Grasmere, British Columbia is a possibility for you price wise.
Grasmere’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 1 bedrooms.
British Columbia has the third most amount of properties available to property investors, with Grasmere having 288th most in the province, out of a total of 359.
It’s never an exact art, but to try to forecast how property is going to appreciate in Grasmere for investors, it’s important to look at data like:
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Grasmere there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
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 Grasmere a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
If you are looking at investment properties in Grasmere, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.