The median house price listed in St. Ives this month is $404,450.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 6.
There are 359 neighbourhoods that have more properties on sale than St. Ives at the moment in British Columbia which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for St. Ives will hopefully provide an indicator to help you where to research in-depth
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in St. Ives there is more stock than three months ago. This would indicate pressure on prices easing.
As one of British Columbia’s many potential real estate investment neighbourhoods, St. Ives 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.
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. Ives have stayed pretty much the same which would tend to indicate that demand is steady.