When looking across the province, Langdon is the 39th most expensive in Alberta.
While the median for Alberta is $375,000 , which means that Langdon’s median price is $527,900 considerably better than the rest of the province.
There are 339 neighbourhoods that have more properties on sale than Langdon at the moment in Alberta which puts the neighbourhood top 40% when looking at the number of properties to choose from.
Will prices rise across the next year in in Langdon? There are a number of real estate indicators to consider.
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 Langdon, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 42, this month we show 27.
Across the country as a whole, Langdon is in the Top 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
Langdon, Alberta has a median house price of $297,400 when compiling all the home listings in Aug .
Alberta has the fourth most amount of properties available to property investors, with Langdon having 60th most in the province, out of a total of 99.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Langdon will hopefully provide an indicator to help you where to research in-depth
In Langdon, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.