Lantzville was Canada’s 311th most expensive suburb by listed median house price this month.
Want a cheaply priced house? Then at $559,000 this month, Lantzville, British Columbia is probably not for you price wise.
Lantzville’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 4 bedrooms.
Across British Columbia Lantzville has the 184th most properties on offer with 359.
Will prices rise across the next year in in Lantzville? 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 Lantzville, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 25, this month we show 15.
As one of British Columbia’s many potential real estate investment neighbourhoods, Lantzville needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.