The median asking price in Chapleau is $147,000, less than the median three months ago which was $119,900 .
The median house price listed in Chapleau this month is $147,000.
From our data, it appears that neighbourhood is number 1132th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 30.
As one of Ontario’s many potential real estate investment neighbourhoods, Chapleau needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
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 Chapleau, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 13, this month we show 23.
Canada’s national median home listing price this month is $244,900, which means that Chapleau is in the cheapest 20% for Canada.
While the median for Ontario is $335,000 , which means that Chapleau’s median price is $69,900 a lot lower than the rest of the province.
According to our stats, Chapleau is the neighbourhood that has the 149th most properties available to real estate investors in Ontario.
Can we guarantee how well Chapleau 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.
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 Chapleau have stayed pretty much the same which would tend to indicate that demand is steady.