Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Fauquier Home Price
Across the country as a whole, Fauquier is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
When our research team crunched the numbers we calculated that Fauquier has a median home price of $419,000.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
British Columbia has the third most amount of properties available to property investors, with Fauquier having 288th most in the province, out of a total of 359.
Is Fauquier a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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.
British Columbia has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
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