Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Smeaton Home Price
Want a cheaply priced house? Then at $98,000 this month, Smeaton, Saskatchewan do not consider price wise.
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.
Across Saskatchewan Smeaton has the 236th most properties on offer with 357.
As one of Saskatchewan’s many potential real estate investment neighbourhoods, Smeaton 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.
Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.
When we look at the data we have, it can help with trying to establish whether or not Smeaton is a good investment target.
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