While the median for Manitoba is $264,900 , which means that St. Adolphe’s median price is $369,900 considerably better than the rest of the province.
4 bedroom properties are the most common available for real estate investors this month in neighbourhood.
According to our stats, St. Adolphe is the neighbourhood that has the 84th most properties available to real estate investors in Manitoba.
When we look at the data we have, it can help with trying to establish whether or not St. Adolphe is a good investment target.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in St. Adolphe have increased which would tend to indicate that demand is not as high as supply.
The median asking price in St. Adolphe is $171,400, less than the median three months ago which was $133,900 .
The $171,400 price tag on the median St. Adolphe home means that it is below the national norm.
There are 25 neighbourhoods that have more properties on sale than St. Adolphe at the moment in Manitoba which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.
As one of Manitoba’s many potential real estate investment neighbourhoods, St. Adolphe needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In St. Adolphe, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 2, this month we show 2.