Across the country as a whole, Blackfoot is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
Blackfoot, Alberta has a median house price of $384,838 when compiling all the home listings in Aug .
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
Across Alberta Blackfoot has the 230th most properties on offer with 339.
Can we guarantee how well Blackfoot 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.
In Blackfoot, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.
As one of Alberta’s many potential real estate investment neighbourhoods, Blackfoot 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Blackfoot there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.