Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Dundurn Home Price
With a median listing price of $124,950, Dundurn is Canada’s 4377th most expensive when ordered by median listing price.
The $124,950 price tag on the median Dundurn home means that it is very cheap in comparison to the rest of the nation.
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.
This month we track 15th neighbourhoods in Saskatchewan, and Dundurn has the 15th most choice available for real estate investors.
When we look at the data we have, it can help with trying to establish whether or not Dundurn is a good investment target.
The amount of homes for sale in neighbourhood has increased over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also slipped.
As one of Saskatchewan’s many potential real estate investment neighbourhoods, Dundurn needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
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.
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