Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Entwistle Home Price
Entwistle was Canada’s 2969th most expensive suburb by listed median house price this month.
In Aug the median listed house price of $197,200 in Entwistle was a below average compared to the rest of Alberta.
From our data, it appears that neighbourhood is number 2013th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 40.
It’s never an exact art, but to try to forecast how property is going to appreciate in Entwistle for investors, it’s important to look at data like:
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.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Entwistle will hopefully provide an indicator to help you where to research in-depth
Over the last three months in Entwistle, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
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