With a median listing price of $324,450, Mesachie Lake is Canada’s 1122th most expensive when ordered by median listing price.
With Mesachie Lake’s median house price at $324,450 in Nov , it is about average compared to the rest of British Columbia.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 4.
From our data, it appears that neighbourhood is number 4140th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.
Can we guarantee how well Mesachie Lake is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
Is Mesachie Lake a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Mesachie Lake there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.