Across the nation CREW lists data for 5162 neighbourhoods, and this month Asphodel-Norwood is number 1894 putting it in the top half of the country .
Asphodel-Norwood, Ontario has a median house price of $264,900 when compiling all the home listings in Aug .
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
There are 1145 neighbourhoods that have more properties on sale than Asphodel-Norwood at the moment in Ontario which puts the neighbourhood middle range when looking at the number of properties to choose from.
Can we guarantee how well Asphodel-Norwood 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Asphodel-Norwood there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
Will prices rise across the next year in in Asphodel-Norwood? There are a number of real estate indicators to consider.
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 Asphodel-Norwood have stayed pretty much the same which would tend to indicate that demand is steady.