Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Gold River Home Price
With a median listing price of $149,900, Gold River is Canada’s 3874th most expensive when ordered by median listing price.
With Gold River’s median house price at $149,900 in Aug , it is one of the cheapest neighbourhoods compared to the rest of British Columbia.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
Across British Columbia Gold River has the 172th most properties on offer with 359.
Is Gold River a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
In Gold River, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.
When we look at the data we have, it can help with trying to establish whether or not Gold River is a good investment target.
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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