With a median listing price of $159,900, Panorama is Canada’s 3682th most expensive when ordered by median listing price.
While the median for British Columbia is $519,000 , which means that Panorama’s median price is $159,900 below average than the rest of the province.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 2.
This month we track 112th neighbourhoods in British Columbia, and Panorama has the 112th most choice available for real estate investors.
Will prices rise across the next year in in Panorama? There are a number of real estate indicators to consider.
In Panorama, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.
Panorama was Canada’s 930th most expensive suburb by listed median house price this month.
In Aug the median listed house price of $129,000 in Panorama was relatively low compared to the rest of British Columbia.
In province, the most common property on the listings this month has 2 bedrooms, in this neighbourhood it’s 2.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Panorama has more than the average number to choose from compared to the rest of the province
British Columbia 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.
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.