The median asking price in Stonewall is $374,900, a substantial increase over the median three months ago which was $404,950 .
Stonewall, Manitoba has a median house price of $374,900 when compiling all the home listings in Aug .
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
According to our stats, Stonewall is the neighbourhood that has the 32th most properties available to real estate investors in Manitoba.
Can we guarantee how well Stonewall 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Stonewall there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
As one of Manitoba’s many potential real estate investment neighbourhoods, Stonewall 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.
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.