With a median listing price of $359,900, Mobile is Canada’s 975th most expensive when ordered by median listing price.
When our research team crunched the numbers we calculated that Mobile has a median home price of $359,900.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Mobile has fewer than average compared to the rest of the province
Is Mobile a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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 Mobile, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 3, this month we show 3.
Can we guarantee how well Mobile 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 Mobile, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.