The median asking price in French River is $279,450, an improvement on the median three months ago which was $299,000 .
While the median for Ontario is $349,900 , which means that French River’s median price is $279,450 better than average than the rest of the province.
From our data, it appears that neighbourhood is number 1024th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 20.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for French River will hopefully provide an indicator to help you where to research in-depth
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in French River there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
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.
Over the last three months in French River, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.