When looking across the province, Mackenzie is the 348th most expensive in British Columbia.
In Aug the median listed house price of $149,900 in Mackenzie was relatively low compared to the rest of British Columbia.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
British Columbia has the third most amount of properties available to property investors, with Mackenzie having 69th most in the province, out of a total of 359.
Will prices rise across the next year in in Mackenzie? There are a number of real estate indicators to consider.
The amount of homes for sale in neighbourhood has increased over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also slipped.
Is Mackenzie 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 Mackenzie there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.