Canada’s national median home listing price this month is $290,900, which means that Adjala-Tosorontio is in the top 20% for Canada.
The $649,900 price tag on the median Adjala-Tosorontio home means that it is quite highly priced by Canadian standards.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
There are 1145 neighbourhoods that have more properties on sale than Adjala-Tosorontio at the moment in Ontario which puts the neighbourhood in the top 20% when looking at the number of properties to choose from.
As one of Ontario’s many potential real estate investment neighbourhoods, Adjala-Tosorontio needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Adjala-Tosorontio there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
Is Adjala-Tosorontio a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Adjala-Tosorontio there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.