Across the country as a whole, Drummond/North Elmsley is in the Top 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
When our research team crunched the numbers we calculated that Drummond/North Elmsley has a median home price of $302,400.
This month we track 1038th neighbourhoods in Ontario, and Drummond/North Elmsley has the 1038th most choice available for real estate investors.
It’s never an exact art, but to try to forecast how property is going to appreciate in Drummond/North Elmsley for investors, it’s important to look at data like:
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 Drummond/North Elmsley 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.
In Drummond/North Elmsley, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.