The median asking price in Hills is $285,000, an improvement on the median three months ago which was $225,000 .
Hills, British Columbia has a median house price of $285,000 when compiling all the home listings in Aug .
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
Will prices rise across the next year in in Hills? There are a number of real estate indicators to consider.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Hills there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
As one of British Columbia’s many potential real estate investment neighbourhoods, Hills 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 Hills have stayed pretty much the same which would tend to indicate that demand is steady.