Arden, Ontario has a median house price of $235,000 when compiling all the home listings in Aug .
Arden’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
This month we track 470th neighbourhoods in Ontario, and Arden has the 470th most choice available for real estate investors.
It’s never an exact art, but to try to forecast how property is going to appreciate in Arden for investors, it’s important to look at data like:
Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.
Can we guarantee how well Arden is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.