Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Surrey Home Price
Across the country as a whole, Surrey is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
The median house price listed in Surrey this month is $849,900.
If you’re looking at investment properties in Surrey, then you’re most likely to find homes with 3 bedrooms on sale this month.
This month we track 1st neighbourhoods in British Columbia, and Surrey has the 1st most choice available for real estate investors.
British Columbia has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
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 Surrey, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 2628, this month we show 2089.
The median asking price in Surrey is $279,800, an improvement on the median three months ago which was $249,000 .
Want a cheaply priced house? Then at $279,800 this month, Surrey, British Columbia is a possibility for you price wise.
If you’re looking at investment properties in Surrey, then you’re most likely to find homes with 2 bedrooms on sale this month.
British Columbia has the third most amount of properties available to property investors, with Surrey having 2nd most in the province, out of a total of 124.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Surrey will hopefully provide an indicator to help you where to research in-depth
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 Surrey, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 947, this month we show 587.
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