Val Marie, SK

Updated: May 2016
House
Median price $61,950
Monthly growth 2.48 %
Quarterly trend
Stock on market 3.23%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Val Marie Home Price

Last month, Val Marie was Canada’s 5114th priciest – this month at number 5114 it’s dropped -952 While month on month that number shouldn’t matter too much, as fluctuation is common, it’s worth checking back regularly to see whether the deterioration continues.

The $61,950 price tag on the median Val Marie home means that it is very cheap in comparison to the rest of the nation.

3 bedroom properties are the most common available for real estate investors this month in neighbourhood.

There are 361 neighbourhoods that have more properties on sale than Val Marie at the moment in Saskatchewan which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.

Saskatchewan 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.

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 Val Marie, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 2, this month we show 2.

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

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.

Beds Median price (House) Median price (Apartment)
3 bedrooms $61,950
Demographics
  • Private dwellings occupied by usual residents50
  • Population density per square kilometre233.6
  • Land area (square km)0.42
  • Population in 201198
  • Population in 2006137
  • 2006 to 2011 population change (%)-28.5
  • Total private dwellings62