Raymore was Canada’s 2921th most expensive suburb by listed median house price this month.
While the median for Saskatchewan is $269,900 , which means that Raymore’s median price is $199,000 below average than the rest of the province.
Raymore’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 4 bedrooms.
Can we guarantee how well Raymore 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.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Raymore will hopefully provide an indicator to help you where to research in-depth
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Raymore there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.