Across the nation CREW lists data for 5162 neighbourhoods, and this month Deep River is number 2464 putting it in the top half of the country .
When our research team crunched the numbers we calculated that Deep River has a median home price of $224,900.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
Is Deep River a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Over the last three months in Deep River, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.
Canada’s national median home listing price this month is $244,900, which means that Deep River is in the bottom 40% for Canada.
In Aug the median listed house price of $175,900 in Deep River was relatively low compared to the rest of Ontario.
Across Ontario Deep River has the 89th most properties on offer with 196.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Deep River will hopefully provide an indicator to help you where to research in-depth
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 Deep River have dried up which would tend to indicate that demand is higher than the supply of new properties.