The median asking price in Sanford is $399,900, a substantial increase over the median three months ago which was $289,900 .
With Sanford’s median house price at $399,900 in Aug , it is high priced compared to the rest of Manitoba.
Sanford’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
From our data, it appears that neighbourhood is number 2137th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 50.
When we look at the data we have, it can help with trying to establish whether or not Sanford is a good investment target.
Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.
Will prices rise across the next year in in Sanford? There are a number of real estate indicators to consider.
Over the last three months in Sanford, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.