Trail Home Price
Across the nation CREW lists data for 5162 neighbourhoods, and this month Trail is number 3320 putting it in the bottom half of the country .
When our research team crunched the numbers we calculated that Trail has a median home price of $179,000.
3 bedroom properties are the most common available for real estate investors this month in neighbourhood.
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.
Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.
With a median listing price of $167,000, Trail is Canada’s 773th most expensive when ordered by median listing price.
With Trail’s median house price at $167,000 in Aug , it is below average compared to the rest of British Columbia.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
There are 124 neighbourhoods that have more properties on sale than Trail at the moment in British Columbia which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Trail there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
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