When our research team crunched the numbers we calculated that Belmont has a median home price of $189,200.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Jun this neighbourhood’s most common listing has properties with fewer bedrooms.
When we look at the data we have, it can help with trying to establish whether or not Belmont is a good investment target.
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 Belmont have stayed pretty much the same which would tend to indicate that demand is steady.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Jun this neighbourhood’s most common listing the same as the national average.
Can we guarantee how well Belmont 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 Belmont there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.