Islay was Canada’s 2969th most expensive suburb by listed median house price this month.
The $197,200 price tag on the median Islay home means that it is about average price.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
Will prices rise across the next year in in Islay? There are a number of real estate indicators to consider.
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 Islay, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 4, this month we show 6.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
Alberta has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
In Islay, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.