Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Glen Harbour Home Price
Across the nation CREW lists data for 5162 neighbourhoods, and this month Glen Harbour is number 1556 putting it in the top half of the country .
While the median for Saskatchewan is $269,900 , which means that Glen Harbour’s median price is $292,000 better than average than the rest of the province.
Glen Harbour’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
Saskatchewan has the sixth most amount of properties available to property investors, with Glen Harbour having 303th most in the province, out of a total of 357.
As one of Saskatchewan’s many potential real estate investment neighbourhoods, Glen Harbour 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Glen Harbour there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
Is Glen Harbour a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
If you are looking at investment properties in Glen Harbour, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.
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