Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
St. Gregor Home Price
When looking across the province, St. Gregor is the 101th most expensive in Saskatchewan.
When our research team crunched the numbers we calculated that St. Gregor has a median home price of $264,900.
From our data, it appears that neighbourhood is number 4285th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.
When we look at the data we have, it can help with trying to establish whether or not St. Gregor is a good investment target.
The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
It’s never an exact art, but to try to forecast how property is going to appreciate in St. Gregor for investors, it’s important to look at data like:
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in St. Gregor 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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