The median asking price in Leoville is $89,900, quite a drop from the median three months ago which was $108,000 .
The $89,900 price tag on the median Leoville home means that it is very cheap in comparison to the rest of 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 Leoville will hopefully provide an indicator to help you where to research in-depth
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Leoville there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
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 Leoville? There are a number of real estate indicators to consider.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Leoville have stayed pretty much the same which would tend to indicate that demand is steady.