Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
De Courcy Island Home Price
Across the nation CREW lists data for 5162 neighbourhoods, and this month De Courcy Island is number 542 putting it ahead of most neighbourhoods .
With De Courcy Island’s median house price at $454,450 in Aug , it is above average compared to the rest of British Columbia.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
There are 359 neighbourhoods that have more properties on sale than De Courcy Island at the moment in British Columbia which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for De Courcy Island will hopefully provide an indicator to help you where to research in-depth
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in De Courcy Island have stayed pretty much the same which would tend to indicate that demand is steady.
When we look at the data we have, it can help with trying to establish whether or not De Courcy Island is a good investment target.
In De Courcy Island, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
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