The median asking price in Patricia is $82,450, quite a drop from the median three months ago which was $79,900 .
When our research team crunched the numbers we calculated that Patricia has a median home price of $82,450.
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 230th neighbourhoods in Alberta, and Patricia has the 230th most choice available for real estate investors.
As one of Alberta’s many potential real estate investment neighbourhoods, Patricia 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.
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 Patricia have increased which would tend to indicate that demand is not as high as supply.