With a median listing price of $214,900, Rivervale is Canada’s 2458th most expensive when ordered by median listing price.
While the median for British Columbia is $469,900 , which means that Rivervale’s median price is $214,900 below average than the rest of the province.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
Will prices rise across the next year in in Rivervale? There are a number of real estate indicators to consider.
Over the last three months in Rivervale, housing stock available seems to be falling – this could mean that homes values might increase faster.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Jul this neighbourhood’s most common listing the same as the national average.
British Columbia 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.
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.