Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Ardrossan Home Price
Across the nation CREW lists data for 5162 neighbourhoods, and this month Ardrossan is number 281 putting it ahead of most neighbourhoods .
In Aug the median listed house price of $592,351 in Ardrossan was an impressive compared to the rest of Alberta.
According to our stats, Ardrossan is the neighbourhood that has the 298th most properties available to real estate investors in Alberta.
When we look at the data we have, it can help with trying to establish whether or not Ardrossan 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.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Ardrossan will hopefully provide an indicator to help you where to research in-depth
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