Slocan was Canada’s 2509th most expensive suburb by listed median house price this month.
With Slocan’s median house price at $221,500 in Aug , it is one of the cheapest neighbourhoods compared to the rest of British Columbia.
Slocan’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 2 bedrooms.
From our data, it appears that neighbourhood is number 1631th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 40.
Can we guarantee how well Slocan 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.
In Slocan, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Slocan will hopefully provide an indicator to help you where to research in-depth