The $239,900 price tag on the median Mayerthorpe home means that it is about average price.
This month we track 113th neighbourhoods in Alberta, and Mayerthorpe has the 113th most choice available for real estate investors.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Mayerthorpe will hopefully provide an indicator to help you where to research in-depth
Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.
When looking across the province, Mayerthorpe is the 12th most expensive in Alberta.
The $399,000 price tag on the median Mayerthorpe home means that it is quite highly priced by Canadian standards.
Across Alberta Mayerthorpe has the 69th most properties on offer with 99.
Can we guarantee how well Mayerthorpe 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.
Over the last three months in Mayerthorpe, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.