Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Kelvin Grove Home Price
Across the nation CREW lists data for 4047 neighbourhoods, and this month Kelvin Grove is number 2588 putting it in the bottom half of the country .
When our research team crunched the numbers we calculated that Kelvin Grove has a median home price of $182,400.
Kelvin Grove’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Kelvin Grove will hopefully provide an indicator to help you where to research in-depth
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.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Kelvin Grove have stayed pretty much the same which would tend to indicate that demand is steady.
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