The $929,990 price tag on the median Ariss home means that it is quite highly priced by Canadian standards.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
There are 1145 neighbourhoods that have more properties on sale than Ariss at the moment in Ontario which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.
When we look at the data we have, it can help with trying to establish whether or not Ariss is a good investment target.
If you are looking at investment properties in Ariss, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Ariss will hopefully provide an indicator to help you where to research in-depth
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Ariss there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.