When looking across the province, Millet is the 136th most expensive in Alberta.
With Millet’s median house price at $307,450 in Aug , it is above average compared to the rest of Alberta.
4 bedroom properties are the most common available for real estate investors this month in neighbourhood.
This month we track 98th neighbourhoods in Alberta, and Millet has the 98th 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 Millet will hopefully provide an indicator to help you where to research in-depth
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 Millet, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 21, this month we show 20.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
Alberta has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
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 Millet have stayed pretty much the same which would tend to indicate that demand is steady.