When our research team crunched the numbers we calculated that Monarch has a median home price of $199,499.
This month we track 288th neighbourhoods in Alberta, and Monarch has the 288th most choice available for real estate investors.
Will prices rise across the next year in in Monarch? 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 Monarch have dried up which would tend to indicate that demand is higher than the supply of new properties.
It’s never an exact art, but to try to forecast how property is going to appreciate in Monarch for investors, it’s important to look at data like:
In Monarch, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.