With a median listing price of $863,950, Eramosa is Canada’s 106th most expensive when ordered by median listing price.
In Jun the median listed house price of $863,950 in Eramosa was an impressive compared to the rest of Ontario.
From our data, it appears that neighbourhood is number 4155th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 40.
Is Eramosa a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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.
When we look at the data we have, it can help with trying to establish whether or not Eramosa is a good investment target.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Eramosa there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.