Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Theodore Home Price
With a median listing price of $89,900, Theodore is Canada’s 4821th most expensive when ordered by median listing price.
While the median for Saskatchewan is $269,900 , which means that Theodore’s median price is $89,900 a lot lower than the rest of the province.
Theodore’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 2 bedrooms.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Theodore will hopefully provide an indicator to help you where to research in-depth
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.
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.
Will prices rise across the next year in in Theodore? There are a number of real estate indicators to consider.
In Theodore, 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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