With a median listing price of $425,000, Cardiff is Canada’s 637th most expensive when ordered by median listing price.
Cardiff, Alberta has a median house price of $425,000 when compiling all the home listings in Aug .
4 bedroom properties are the most common available for real estate investors this month in neighbourhood.
Is Cardiff a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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 Cardiff, 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.
It’s never an exact art, but to try to forecast how property is going to appreciate in Cardiff 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.