Deer Park Home Price
With a median listing price of $351,950, Deer Park is Canada’s 1022th most expensive when ordered by median listing price.
While the median for British Columbia is $519,000 , which means that Deer Park’s median price is $351,950 considerably better than the rest of the province.
There are 359 neighbourhoods that have more properties on sale than Deer Park at the moment in British Columbia which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.
It’s never an exact art, but to try to forecast how property is going to appreciate in Deer Park for investors, it’s important to look at data like:
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Deer Park 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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