The median asking price in Bridgenorth is $415,000, a substantial increase over the median three months ago which was $414,450 .
When our research team crunched the numbers we calculated that Bridgenorth has a median home price of $415,000.
According to our stats, Bridgenorth is the neighbourhood that has the 830th most properties available to real estate investors in Ontario.
It’s never an exact art, but to try to forecast how property is going to appreciate in Bridgenorth for investors, it’s important to look at data like:
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Bridgenorth, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 4, this month we show 3.
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.
When we look at the data we have, it can help with trying to establish whether or not Bridgenorth is a good investment target.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.