With Halfmoon Bay’s median house price at $792,500 in Aug , it is high priced compared to the rest of British Columbia.
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.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Halfmoon Bay has more than the average number to choose from compared to the rest of the province
British Columbia has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
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 Halfmoon Bay, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 37, this month we show 26.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
Will prices rise across the next year in in Halfmoon Bay? 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 Halfmoon Bay there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.