Across the country as a whole, Parkland is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
The $422,700 price tag on the median Parkland home means that it is quite highly priced by Canadian standards.
Parkland’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
Alberta has the fourth most amount of properties available to property investors, with Parkland having 298th most in the province, out of a total of 339.
It’s never an exact art, but to try to forecast how property is going to appreciate in Parkland for investors, it’s important to look at data like:
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Parkland there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.