Courtice was Canada’s 992th most expensive suburb by listed median house price this month.
With Courtice’s median house price at $342,400 in Sep , it is above average compared to the rest of Ontario.
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.
Across Ontario Courtice has the 956th most properties on offer with 1111.
Is Courtice a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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.
Can we guarantee how well Courtice 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.
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.