Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
St. Margaret's Bay Home Price
St. Margaret's Bay was Canada’s 895th most expensive suburb by listed median house price this month.
When our research team crunched the numbers we calculated that St. Margaret's Bay has a median home price of $369,000.
It’s never an exact art, but to try to forecast how property is going to appreciate in St. Margaret's Bay for investors, it’s important to look at data like:
In St. Margaret's Bay, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.
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 St. Margaret's Bay, 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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