With a median listing price of $499,900, Cumberland is Canada’s 419th most expensive when ordered by median listing price.
The median house price listed in Cumberland this month is $499,900.
This month we track 268th neighbourhoods in Ontario, and Cumberland has the 268th most choice available for real estate investors.
When we look at the data we have, it can help with trying to establish whether or not Cumberland is a good investment target.
If you are looking at investment properties in Cumberland, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.
Is Cumberland a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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.