Across the nation CREW lists data for 5162 neighbourhoods, and this month Olds is number 867 putting it ahead of most neighbourhoods .
The median house price listed in Olds this month is $379,650.
If you’re looking at investment properties in Olds, then you’re most likely to find homes with 2 bedrooms on sale this month.
When we look at the data we have, it can help with trying to establish whether or not Olds is a good investment target.
Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.
When looking across the province, Olds is the 26th most expensive in Alberta.
When our research team crunched the numbers we calculated that Olds has a median home price of $314,900.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
There are 99 neighbourhoods that have more properties on sale than Olds at the moment in Alberta which puts the neighbourhood top 40% when looking at the number of properties to choose from.
Is Olds a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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 Olds have stayed pretty much the same which would tend to indicate that demand is steady.