With a median listing price of $312,500, Rapid View is Canada’s 1321th most expensive when ordered by median listing price.
The $312,500 price tag on the median Rapid View home means that it is above the cost of most houses in the country.
Saskatchewan has the sixth most amount of properties available to property investors, with Rapid View having 303th most in the province, out of a total of 357.
Is Rapid View a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Over the last three months in Rapid View, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
Can we guarantee how well Rapid View 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 Rapid View have stayed pretty much the same which would tend to indicate that demand is steady.