Shellbrook was Canada’s 2365th most expensive suburb by listed median house price this month.
In Aug the median listed house price of $229,900 in Shellbrook was an above average compared to the rest of Saskatchewan.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
Saskatchewan has the sixth most amount of properties available to property investors, with Shellbrook having 61th most in the province, out of a total of 357.
Is Shellbrook a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
In Shellbrook, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.
The median house price listed in Shellbrook this month is $231,000.
2 bedroom properties are the most common available for real estate investors this month in neighbourhood.
This month we track 31th neighbourhoods in Saskatchewan, and Shellbrook has the 31th most choice available for real estate investors.
When we look at the data we have, it can help with trying to establish whether or not Shellbrook is a good investment target.
In Shellbrook, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.