Medicine Hat
Medicine Hat is located in southeast Alberta, Canada. This city inherited its name Medicine Hat from the native word “Saamis’’ which means the hat of a medicine man. After so many arduous days they became able to make their way to a breathing hole which is an opening in the ice, situated on the river between Strathcona Park and Police Point in a medicine hat.
This city in Alberta is an awesome place to work, live and visit. This city has a population of about 65,000 individuals. This city is pretty modern, clean and also populated by very great folks. The elevation of Medicine Hat is 690m.
Condominium price index 2021
Medicine Hat condominium is a building with many apartments in which each of the apartments is owned by the individual living in the apartment separately but also these contain shared areas like parking lots, swimming pools, etc. According to Medicine Hat Real Estate, 3 bed and 3 bath condos covering an area of 1934 sqft has a price of $399,900. Such condos are available in 128 somerset way SE, Medicine Hat.
Condos having four beds and 4 baths covering a total area of 2062 sq ft has a price of $659,900. One can get these condos in 101 somerset mews SE Medicine Hat. If someone wants even more Condos having 6 beds and 3 baths then they have a price of $348,500. They are a little bit cheaper as they cover less area, 1179 sq ft.
Such Condos are available in 155 Stone Crescent SE Medicine Hat. One can also get Condos at cheaper rates in 429 13 Street SE medicine hat, 511 Allowance Avenue SE Medicine Hat, and 1138 Yuill Street SE, Medicine Hat. But obviously, they would be with the less covering area.
Number of Active listings in Medicine Hat
According to the Medicine Hat Inventory, there are 222 new listings in the city out of which 96 homes are sold out during the last 28 days. The selling to listing ratio of Medicine Hat is 97%. One bed, two beds, and 3 beds condominium houses have different numbers of active listings.
The active listing of one bedroom condos is 31, two-bed condos are 94 and 3-bed condos is 7. If we talk about overall listings of condominiums in the city then there are 22 new listings, 10 sold listings, and 133 active listings in Medicine Hat.
Condominium prices increasing or decreasing?
The average listing price of Medicine Hat homes is $385,926. This city is offering over $25000 grants to homebuilders when they construct on the selected lots located 295km southwest of Calgary.
Currently, the 1-bed condominium price in Medicine Hat is $151K which is more than the prices about 3 months ago. 2 bedroom condos and 3-bed condos have prices of $198K and 189K respectively from Jun 18 to Jul 26. During this duration, the overall price was 181K. On the basis of this data, we can say that condominium prices in Medicine Hat are increasing.
