Canada’s national median home listing price this month is $290,900, which means that Hinton is in the top 20% for Canada.
Want a cheaply priced house? Then at $367,450 this month, Hinton, Alberta is probably not for you price wise.
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.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Hinton will hopefully provide an indicator to help you where to research in-depth
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 Hinton, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 112, this month we show 116.
With a median listing price of $282,900, Hinton is Canada’s 268th most expensive when ordered by median listing price.
The $282,900 price tag on the median Hinton home means that it is above the cost of most houses in the country.
Hinton’s most common listing this month is 2 bedroom properties, less than province’s most common offering of 4 bedrooms.
Alberta 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.
If you are looking at investment properties in Hinton, 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.