Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Shearstown Home Price
Across the country as a whole, Shearstown is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.
The $229,900 price tag on the median Shearstown home means that it is about average price.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
When we look at the data we have, it can help with trying to establish whether or not Shearstown is a good investment target.
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 Shearstown have stayed pretty much the same which would tend to indicate that demand is steady.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
In Shearstown, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
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