Canada’s national median home listing price this month is $290,900, which means that South Slocan is in the top 20% for Canada.
With South Slocan’s median house price at $449,900 in Aug , it is about average compared to the rest of British Columbia.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
There are 359 neighbourhoods that have more properties on sale than South Slocan at the moment in British Columbia which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.
Will prices rise across the next year in in South Slocan? There are a number of real estate indicators to consider.
In South Slocan, 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.
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.
It’s never an exact art, but to try to forecast how property is going to appreciate in South Slocan for investors, it’s important to look at data like:
If you are looking at investment properties in South Slocan, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.