Across the country as a whole, Camrose is in the Top 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
The $319,450 price tag on the median Camrose home means that it is above the cost of most houses in the country.
3 bedroom properties are the most common available for real estate investors this month in neighbourhood.
Is Camrose a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Over the last three months in Camrose, housing stock available seems to be falling – this could mean that homes values might increase faster.
Camrose was Canada’s 531th most expensive suburb by listed median house price this month.
When our research team crunched the numbers we calculated that Camrose has a median home price of $209,500.
Camrose’s most common listing this month is 2 bedroom properties, less than province’s most common offering of 2 bedrooms.
Alberta has the fourth most amount of properties available to property investors, with Camrose having 17th 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 Camrose will hopefully provide an indicator to help you where to research in-depth
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 Camrose have increased which would tend to indicate that demand is not as high as supply.