With a median listing price of $369,900, Rockwood is Canada’s 907th most expensive when ordered by median listing price.
With Rockwood’s median house price at $369,900 in Aug , it is high priced compared to the rest of Manitoba.
From our data, it appears that neighbourhood is number 3570th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 30.
It’s never an exact art, but to try to forecast how property is going to appreciate in Rockwood 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 Rockwood have dried up which would tend to indicate that demand is higher than the supply of new properties.
Can we guarantee how well Rockwood 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Rockwood there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.