Canada’s national median home listing price this month is $309,000, which means that Long Lake is in the top 20% for Canada.
In Nov the median listed house price of $574,450 in Long Lake was an impressive compared to the rest of Alberta.
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.
There are 326 neighbourhoods that have more properties on sale than Long Lake at the moment in Alberta which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.
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.
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 Long Lake have stayed pretty much the same which would tend to indicate that demand is steady.
Will prices rise across the next year in in Long Lake? There are a number of real estate indicators to consider.
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.