Canada’s national median home listing price this month is $290,900, which means that Falconbridge is in the bottom 40% for Canada.
When our research team crunched the numbers we calculated that Falconbridge has a median home price of $174,250.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
Can we guarantee how well Falconbridge 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.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
As one of Ontario’s many potential real estate investment neighbourhoods, Falconbridge needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.