With a median listing price of $2,149,000, Red Earth Creek is Canada’s 5th most expensive when ordered by median listing price.
In Aug the median listed house price of $2,149,000 in Red Earth Creek was an impressive compared to the rest of Alberta.
According to our stats, Red Earth Creek is the neighbourhood that has the 291th most properties available to real estate investors in Alberta.
Will prices rise across the next year in in Red Earth Creek? There are a number of real estate indicators to consider.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Red Earth Creek there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
When we look at the data we have, it can help with trying to establish whether or not Red Earth Creek is a good investment target.
Over the last three months in Red Earth Creek, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.