Canada’s national median home listing price this month is $290,900, which means that Gloucester is in the top 40% for Canada.
Gloucester, Ontario has a median house price of $329,000 when compiling all the home listings in Aug .
Ontario has the most amount of properties available to property investors, with Gloucester having 287th most in the province, out of a total of 1145.
As one of Ontario’s many potential real estate investment neighbourhoods, Gloucester 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.
Over the last three months in Gloucester, housing stock available seems to be falling – this could mean that homes values might increase faster.
Across the nation CREW lists data for 1054 neighbourhoods, and this month Gloucester is number 379 putting it in the top half of the country .
With Gloucester’s median house price at $245,450 in Aug , it is about average compared to the rest of Ontario.
According to our stats, Gloucester is the neighbourhood that has the 149th most properties available to real estate investors in Ontario.
It’s never an exact art, but to try to forecast how property is going to appreciate in Gloucester 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 Gloucester have dried up which would tend to indicate that demand is higher than the supply of new properties.