Lemon Creek was Canada’s 1487th most expensive suburb by listed median house price this month.
When our research team crunched the numbers we calculated that Lemon Creek has a median home price of $300,000.
This month we track 313th neighbourhoods in British Columbia, and Lemon Creek has the 313th most choice available for real estate investors.
Can we guarantee how well Lemon Creek is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
In Lemon Creek, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Jun this neighbourhood’s most common listing the same as the national average.
Is Lemon Creek 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 Lemon Creek there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.