Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Flagstaff County Home Price
Flagstaff County was Canada’s 211th most expensive suburb by listed median house price this month.
In Aug the median listed house price of $649,500 in Flagstaff County was an impressive compared to the rest of Alberta.
From our data, it appears that neighbourhood is number 3171th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 40.
Can we guarantee how well Flagstaff County is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Flagstaff County, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 3, this month we show 4.
When we look at the data we have, it can help with trying to establish whether or not Flagstaff County is a good investment target.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Flagstaff County there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
“Sign up for our daily newsletter to get the latest news, updates and offers delivered directly to your inbox.”
Designed to offer readers accurate, cutting-edge information to guide their investment decisions, each issue of Canadian Real Estate is filled with informative articles on a broad range of topics.
© 2021 Canadian Estate Wealth. All Rights Reserved by Merged Media