The median house price listed in Eldorado this month is $189,900.
Eldorado’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 4 bedrooms.
There are 1145 neighbourhoods that have more properties on sale than Eldorado at the moment in Ontario which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.
When we look at the data we have, it can help with trying to establish whether or not Eldorado is a good investment target.
Over the last three months in Eldorado, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
It’s never an exact art, but to try to forecast how property is going to appreciate in Eldorado for investors, it’s important to look at data like:
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 Eldorado have stayed pretty much the same which would tend to indicate that demand is steady.