Canada’s national median home listing price this month is $290,900, which means that Garson is in the top 40% for Canada.
While the median for Ontario is $349,900 , which means that Garson’s median price is $319,500 considerably better than the rest of the province.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
According to our stats, Garson is the neighbourhood that has the 159th most properties available to real estate investors in Ontario.
Is Garson a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Garson there is more stock than three months ago. This would indicate pressure on prices easing.
When looking across the province, Garson is the 58th most expensive in Ontario.
While the median for Ontario is $335,000 , which means that Garson’s median price is $315,900 considerably better than the rest of the province.
There are 196 neighbourhoods that have more properties on sale than Garson at the moment in Ontario which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.
It’s never an exact art, but to try to forecast how property is going to appreciate in Garson for investors, it’s important to look at data like:
In Garson, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.