Algonquin was Canada’s 2169th most expensive suburb by listed median house price this month.
Want a cheaply priced house? Then at $244,450 this month, Algonquin, Ontario is somewhere that you should look at price wise.
2 bedroom properties are the most common available for real estate investors this month in neighbourhood.
According to our stats, Algonquin is the neighbourhood that has the 990th most properties available to real estate investors in Ontario.
Ontario 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Algonquin there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
Is Algonquin a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Over the last three months in Algonquin, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.