When our research team crunched the numbers we calculated that Charlie Lake has a median home price of $699,450.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 4.
According to our stats, Charlie Lake is the neighbourhood that has the 102th most properties available to real estate investors in British Columbia.
When we look at the data we have, it can help with trying to establish whether or not Charlie Lake is a good investment target.
In Charlie Lake, 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.
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.
Is Charlie Lake a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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.