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Glenlea, MB

Updated: Mar 2016
House
Median price $639,900
Monthly growth
Quarterly trend
Stock on market 0.10%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Glenlea Home Price

Across the nation CREW lists data for 4139 neighbourhoods, and this month Glenlea is number 194 putting it ahead of most neighbourhoods .

With Glenlea’s median house price at $639,900 in Mar , it is high priced compared to the rest of Manitoba.

If you’re looking at investment properties in Glenlea, then you’re most likely to find homes with 3 bedrooms on sale this month.

Manitoba has the seventh most amount of properties available to property investors, with Glenlea having 186th most in the province, out of a total of 226.

As one of Manitoba’s many potential real estate investment neighbourhoods, Glenlea 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.

In Glenlea, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.

When we look at the data we have, it can help with trying to establish whether or not Glenlea 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 Glenlea there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Beds Median price (House) Median price (Apartment)
3 bedrooms $639,900
Demographics
  • Land area (square km)333.53
  • Population in 20115478
  • Population in 20065051
  • 2006 to 2011 population change (%)8.5
  • Total private dwellings1909
  • Private dwellings occupied by usual residents1849
  • Population density per square kilometre16.4