The median asking price in Peachland is $563,500, a substantial increase over the median three months ago which was $532,000 .
Want a cheaply priced house? Then at $563,500 this month, Peachland, British Columbia is probably not for you price wise.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
From our data, it appears that neighbourhood is number 494th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 10.
Is Peachland a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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.
Across the nation CREW lists data for 1054 neighbourhoods, and this month Peachland is number 20 putting it ahead of most neighbourhoods .
The median house price listed in Peachland this month is $579,450.
According to our stats, Peachland is the neighbourhood that has the 102th most properties available to real estate investors in British Columbia.
Can we guarantee how well Peachland 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.
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 Peachland have dried up which would tend to indicate that demand is higher than the supply of new properties.