Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Oyama Home Price
When looking across the province, Oyama is the 22th most expensive in British Columbia.
While the median for British Columbia is $519,000 , which means that Oyama’s median price is $1,094,444 considerably better than the rest of the province.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
According to our stats, Oyama is the neighbourhood that has the 278th most properties available to real estate investors in British Columbia.
Can we guarantee how well Oyama is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
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 Oyama have stayed pretty much the same which would tend to indicate that demand is steady.
As one of British Columbia’s many potential real estate investment neighbourhoods, Oyama 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.
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