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Lake Lenore Home Price
Lake Lenore was Canada’s 2620th most expensive suburb by listed median house price this month.
With Lake Lenore’s median house price at $215,000 in Aug , it is about average compared to the rest of Saskatchewan.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
This month we track 236th neighbourhoods in Saskatchewan, and Lake Lenore has the 236th most choice available for real estate investors.
When we look at the data we have, it can help with trying to establish whether or not Lake Lenore is a good investment target.
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 Lake Lenore, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 3, this month we show 3.
If you are looking at investment properties in Lake Lenore, 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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