Across the nation CREW lists data for 5162 neighbourhoods, and this month One Hundred Mile House is number 2169 putting it in the top half of the country .
While the median for British Columbia is $519,000 , which means that One Hundred Mile House’s median price is $244,450 better than average than the rest of the province.
If you’re looking at investment properties in One Hundred Mile House, then you’re most likely to find homes with 3 bedrooms on sale this month.
Across British Columbia One Hundred Mile House has the 91th most properties on offer with 359.
As one of British Columbia’s many potential real estate investment neighbourhoods, One Hundred Mile House needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
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 One Hundred Mile House, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 78, this month we show 54.
When our research team crunched the numbers we calculated that One Hundred Mile House has a median home price of $285,000.
3 bedroom properties are the most common available for real estate investors this month in neighbourhood.
This month we track 81th neighbourhoods in British Columbia, and One Hundred Mile House has the 81th most choice available for real estate investors.
Will prices rise across the next year in in One Hundred Mile House? There are a number of real estate indicators to consider.
The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.