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Neuanlage, SK

Updated: Aug 2016
House
Median price $394,900
Monthly growth
Quarterly trend
Stock on market 1.36%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Neuanlage Home Price

With a median listing price of $394,900, Neuanlage is Canada’s 788th most expensive when ordered by median listing price.

Want a cheaply priced house? Then at $394,900 this month, Neuanlage, Saskatchewan is definitely not for you price wise.

If you’re looking at investment properties in Neuanlage, then you’re most likely to find homes with 3 bedrooms on sale this month.

According to our stats, Neuanlage is the neighbourhood that has the 132th most properties available to real estate investors in Saskatchewan.

As one of Saskatchewan’s many potential real estate investment neighbourhoods, Neuanlage 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.

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 Neuanlage, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 11, this month we show 8.

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.

When we look at the data we have, it can help with trying to establish whether or not Neuanlage is a good investment target.

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.

Beds Median price (House) Median price (Apartment)
3 bedrooms $379,900
4 bedrooms $377,400
5 bedrooms $469,900
Demographics
  • Population in 20112015
  • Population in 20061840
  • 2006 to 2011 population change (%)9.5
  • Total private dwellings589
  • Private dwellings occupied by usual residents573
  • Population density per square kilometre2.1
  • Land area (square km)954.31