Thompson was Canada’s 2223th most expensive suburb by listed median house price this month.
While the median for Manitoba is $264,900 , which means that Thompson’s median price is $228,000 better than average than the rest of the province.
Thompson’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 4 bedrooms.
This month we track 10th neighbourhoods in Manitoba, and Thompson has the 10th most choice available for real estate investors.
Can we guarantee how well Thompson 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.
If you are looking at investment properties in Thompson, then there are more homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a buyers.
Across the country as a whole, Thompson is in the lowest priced 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
The median house price listed in Thompson this month is $169,000.
From our data, it appears that neighbourhood is number 675th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 30.
When we look at the data we have, it can help with trying to establish whether or not Thompson is a good investment target.
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.