With a median listing price of $335,500, Lethbridge is Canada’s 1138th most expensive when ordered by median listing price.
With Lethbridge’s median house price at $335,500 in Aug , it is above average compared to the rest of Alberta.
Lethbridge’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Lethbridge has a huge choice compared to the rest of the province
As one of Alberta’s many potential real estate investment neighbourhoods, Lethbridge 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.
Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.
Across the country as a whole, Lethbridge is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.
In Aug the median listed house price of $199,900 in Lethbridge was relatively low compared to the rest of Alberta.
2 bedroom properties are the most common available for real estate investors this month in neighbourhood.
From our data, it appears that neighbourhood is number 70th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 10.
Is Lethbridge a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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 Lethbridge, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 160, this month we show 119.