Canada’s national median home listing price this month is $290,900, which means that Lac La Biche is in the top 20% for Canada.
In Aug the median listed house price of $410,000 in Lac La Biche was an impressive compared to the rest of Alberta.
Lac La Biche’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Lac La Biche has a huge choice compared to the rest of the province
It’s never an exact art, but to try to forecast how property is going to appreciate in Lac La Biche for investors, it’s important to look at data like:
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 Lac La Biche, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 50, this month we show 47.