Last month, Delmas was Canada’s 1704th priciest – this month at number 1704 it’s gained 2495 While month on month that number shouldn’t matter too much, as fluctuation is common, it’s worth checking back regularly to see whether the improvement continues.
The $259,950 price tag on the median Delmas home means that it is above the cost of most houses in the country.
From our data, it appears that neighbourhood is number 3815th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 40.
As one of Saskatchewan’s many potential real estate investment neighbourhoods, Delmas 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.
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 Delmas have stayed pretty much the same which would tend to indicate that demand is steady.
Is Delmas a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
In Delmas, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.