Across the country as a whole, Peers is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
When our research team crunched the numbers we calculated that Peers has a median home price of $432,450.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
This month we track 191th neighbourhoods in Alberta, and Peers has the 191th most choice available for real estate investors.
As one of Alberta’s many potential real estate investment neighbourhoods, Peers 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.
Over the last three months in Peers, housing stock available seems to be falling – this could mean that homes values might increase faster.
Will prices rise across the next year in in Peers? There are a number of real estate indicators to consider.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Peers there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.