Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Sillikers Home Price
The median asking price in Sillikers is $73,900, quite a drop from the median three months ago which was $89,000 .
When our research team crunched the numbers we calculated that Sillikers has a median home price of $73,900.
When we look at the data we have, it can help with trying to establish whether or not Sillikers 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 Sillikers 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.
Can we guarantee how well Sillikers 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Sillikers there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
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