While the median for Alberta is $375,000 , which means that Ponoka County’s median price is $519,000 considerably better than the rest of the province.
It’s never an exact art, but to try to forecast how property is going to appreciate in Ponoka County for investors, it’s important to look at data like:
In Ponoka County, 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.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
Is Ponoka County 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 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.