Last month, Eagle River was Canada’s 3083th priciest – this month at number 3083 it’s gained 33 While month on month that number shouldn’t matter too much, as fluctuation is common, it’s worth checking back regularly to see whether the improvement continues.
While the median for Ontario is $349,900 , which means that Eagle River’s median price is $148,450 a lot lower than the rest of the province.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
Ontario has the second most amount of properties available to property investors, with Eagle River having 950th most in the province, out of a total of 1117.
Can we guarantee how well Eagle River 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.
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 Eagle River, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 2, this month we show 2.
Ontario has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Eagle River there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.