Canada’s national median home listing price this month is $290,900, which means that Redcliff is in the top 40% for Canada.
While the median for Alberta is $375,000 , which means that Redcliff’s median price is $253,400 better than average than the rest of the province.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
From our data, it appears that neighbourhood is number 710th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 20.
It’s never an exact art, but to try to forecast how property is going to appreciate in Redcliff for investors, it’s important to look at data like:
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 Redcliff have dried up which would tend to indicate that demand is higher than the supply of new properties.
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.
Alberta has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
In Redcliff, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.