The median asking price in Harriston is $212,450, pretty close to the median three months ago which was $219,900 .
The $212,450 price tag on the median Harriston home means that it is about average price.
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.
It’s never an exact art, but to try to forecast how property is going to appreciate in Harriston for investors, it’s important to look at data like:
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Harriston there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
When we look at the data we have, it can help with trying to establish whether or not Harriston is a good investment target.