Canada’s national median home listing price this month is $290,900, which means that Whitecourt is in the top 20% for Canada.
The median house price listed in Whitecourt this month is $439,900.
Whitecourt’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Whitecourt has a huge choice compared to the rest of the province
Is Whitecourt a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
In Whitecourt, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.
Whitecourt was Canada’s 235th most expensive suburb by listed median house price this month.
When our research team crunched the numbers we calculated that Whitecourt has a median home price of $298,000.
Investors looking for properties in Whitecourt are most likely to find 3 bedroom homes on offer this month, with 2 bedroom potential investment properties the second most popular.
Alberta has the fourth most amount of properties available to property investors, with Whitecourt having 38th most in the province, out of a total of 99.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Whitecourt will hopefully provide an indicator to help you where to research in-depth
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 Whitecourt, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 8, this month we show 9.