Craven, SK

Updated: Aug 2016
House
Median price $122,000
Monthly growth -19.20 %
Quarterly trend
Stock on market 4.50%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Craven Home Price

The median asking price in Craven is $122,000, quite a drop from the median three months ago which was $151,000 .

With Craven’s median house price at $122,000 in Aug , it is below average compared to the rest of Saskatchewan.

There are 357 neighbourhoods that have more properties on sale than Craven at the moment in Saskatchewan which puts the neighbourhood middle range when looking at the number of properties to choose from.

It’s never an exact art, but to try to forecast how property is going to appreciate in Craven for investors, it’s important to look at data like:

In Craven, 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.

As one of Saskatchewan’s many potential real estate investment neighbourhoods, Craven 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.

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

Beds Median price (House) Median price (Apartment)
3 bedrooms $459,450
Demographics
  • Population density per square kilometre194.8
  • Land area (square km)1.2
  • Population in 2011234
  • Population in 2006274
  • 2006 to 2011 population change (%)-14.6
  • Total private dwellings111
  • Private dwellings occupied by usual residents100