When looking across the province, Plamondon is the 119th most expensive in Alberta.
Want a cheaply priced house? Then at $329,000 this month, Plamondon, Alberta is probably not for you price wise.
If you’re looking at investment properties in Plamondon, then you’re most likely to find homes with 3 bedrooms on sale this month.
There are 339 neighbourhoods that have more properties on sale than Plamondon at the moment in Alberta which puts the neighbourhood top 40% when looking at the number of properties to choose from.
Is Plamondon a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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 Plamondon, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 16, this month we show 15.
Can we guarantee how well Plamondon 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.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.