The median asking price in Shaughnessy is $118,750, quite a drop from the median three months ago which was $218,750 .
In Aug the median listed house price of $118,750 in Shaughnessy was relatively low compared to the rest of Alberta.
Shaughnessy’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
Is Shaughnessy a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Shaughnessy there is more stock than three months ago. This would indicate pressure on prices easing.