Across the nation CREW lists data for 5162 neighbourhoods, and this month Youbou is number 1586 putting it in the top half of the country .
The median house price listed in Youbou this month is $289,450.
Youbou’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
Across British Columbia Youbou has the 165th most properties on offer with 359.
When we look at the data we have, it can help with trying to establish whether or not Youbou is a good investment target.
The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.
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.
Will prices rise across the next year in in Youbou? There are a number of real estate indicators to consider.
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.