Arran was Canada’s 1382th most expensive suburb by listed median house price this month.
The $299,900 price tag on the median Arran home means that it is above the cost of most houses in the country.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
According to our stats, Arran is the neighbourhood that has the 1018th most properties available to real estate investors in Ontario.
Will prices rise across the next year in in Arran? There are a number of real estate indicators to consider.
If you are looking at investment properties in Arran, 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.
Is Arran a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Arran have stayed pretty much the same which would tend to indicate that demand is steady.