Cobble Hill Home Price
With a median listing price of $537,888, Cobble Hill is Canada’s 355th most expensive when ordered by median listing price.
Cobble Hill, British Columbia has a median house price of $537,888 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 2.
From our data, it appears that neighbourhood is number 557th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 20.
It’s never an exact art, but to try to forecast how property is going to appreciate in Cobble Hill for investors, it’s important to look at data like:
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 Cobble Hill, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 64, this month we show 55.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Cobble Hill there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
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