Across the country as a whole, Magna Bay is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
The median house price listed in Magna Bay this month is $549,000.
Magna Bay’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
From our data, it appears that neighbourhood is number 1302th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 30.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Magna Bay will hopefully provide an indicator to help you where to research in-depth
The amount of homes for sale in neighbourhood has increased over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also slipped.
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.
It’s never an exact art, but to try to forecast how property is going to appreciate in Magna Bay for investors, it’s important to look at data like: