The median asking price in Rockyford is $219,900, pretty close to the median three months ago which was $195,000 .
With Rockyford’s median house price at $219,900 in Aug , it is below average compared to the rest of Alberta.
From our data, it appears that neighbourhood is number 3171th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 40.
Will prices rise across the next year in in Rockyford? There are a number of real estate indicators to consider.
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 Rockyford have increased which would tend to indicate that demand is not as high as supply.
As one of Alberta’s many potential real estate investment neighbourhoods, Rockyford needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
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.