Across the nation CREW lists data for 4862 neighbourhoods, and this month Swan Lake is number 4786 putting it behind most of Canada .
The median house price listed in Swan Lake this month is $59,000.
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.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Swan Lake has not many at all compared to the rest of the province
When we look at the data we have, it can help with trying to establish whether or not Swan Lake is a good investment target.
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 Swan Lake, 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.
It’s never an exact art, but to try to forecast how property is going to appreciate in Swan Lake for investors, it’s important to look at data like:
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.