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St. Malo, MB

Updated: Aug 2016
House
Median price $207,400
Monthly growth -13.54 %
Quarterly trend
Stock on market 1.10%
Apartment
Median price $257,400
Monthly growth -1.90 %
Quarterly trend
Stock on market 0.16%

St. Malo Home Price

When looking across the province, St. Malo is the 129th most expensive in Manitoba.

With St. Malo’s median house price at $207,400 in Aug , it is about average compared to the rest of Manitoba.

In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then St. Malo has more than the average number to choose from compared to the rest of the province

Will prices rise across the next year in in St. Malo? There are a number of real estate indicators to consider.

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In St. Malo, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 13, this month we show 14.

St. Malo was Canada’s 334th most expensive suburb by listed median house price this month.

In Aug the median listed house price of $257,400 in St. Malo was an impressive compared to the rest of Manitoba.

According to our stats, St. Malo is the neighbourhood that has the 18th most properties available to real estate investors in Manitoba.

When we look at the data we have, it can help with trying to establish whether or not St. Malo is a good investment target.

Over the last three months in St. Malo, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

Beds Median price (House) Median price (Apartment)
2 bedrooms $192,400
3 bedrooms $219,900
4 bedrooms $187,400
Demographics
  • Population density per square kilometre5.1
  • Land area (square km)670.29
  • Population in 20113450
  • Population in 20063349
  • 2006 to 2011 population change (%)3
  • Total private dwellings1278
  • Private dwellings occupied by usual residents1108