Across the country as a whole, Pierson is in the lowest priced 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
Pierson, Manitoba has a median house price of $171,000 when compiling all the home listings in Aug .
Pierson’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 4 bedrooms.
This month we track 158th neighbourhoods in Manitoba, and Pierson has the 158th most choice available for real estate investors.
Will prices rise across the next year in in Pierson? There are a number of real estate indicators to consider.
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 Pierson, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 4, this month we show 4.
Can we guarantee how well Pierson 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.
In Pierson, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.