Last month, Sandy Beach was Canada’s 787th priciest – this month at number 787 it’s dropped -538 While month on month that number shouldn’t matter too much, as fluctuation is common, it’s worth checking back regularly to see whether the deterioration continues.
While the median for Saskatchewan is $269,900 , which means that Sandy Beach’s median price is $394,950 considerably better than the rest of the province.
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.
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.
It’s never an exact art, but to try to forecast how property is going to appreciate in Sandy Beach for investors, it’s important to look at data like:
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Sandy Beach there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
Is Sandy Beach a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Over the last three months in Sandy Beach, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.