The median asking price in Grindrod is $454,950, a substantial increase over the median three months ago which was $499,900 .
With Grindrod’s median house price at $454,950 in Aug , it is above average compared to the rest of British Columbia.
Grindrod’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 4 bedrooms.
According to our stats, Grindrod is the neighbourhood that has the 223th most properties available to real estate investors in British Columbia.
Will prices rise across the next year in in Grindrod? There are a number of real estate indicators to consider.
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 Grindrod have dried up which would tend to indicate that demand is higher than the supply of new properties.
Is Grindrod a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Grindrod there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.