The median asking price in Bailieboro is $265,000, an improvement on the median three months ago which was $295,000 .
In Aug the median listed house price of $265,000 in Bailieboro was a below average compared to the rest of Ontario.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 2.
This month we track 861th neighbourhoods in Ontario, and Bailieboro has the 861th 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 Bailieboro for investors, it’s important to look at data like:
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Bailieboro there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
Will prices rise across the next year in in Bailieboro? There are a number of real estate indicators to consider.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.