The median asking price in East Ferris is $272,400, an improvement on the median three months ago which was $249,000 .
While the median for Ontario is $349,900 , which means that East Ferris’s median price is $272,400 better than average than the rest of the province.
According to our stats, East Ferris is the neighbourhood that has the 375th most properties available to real estate investors in Ontario.
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.
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 East Ferris have increased which would tend to indicate that demand is not as high as supply.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for East Ferris will hopefully provide an indicator to help you where to research in-depth
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.