Canada’s national median home listing price this month is $317,000, which means that Head Lake is in the top 40% for Canada.
In Apr the median listed house price of $304,900 in Head Lake was an above average compared to the rest of Ontario.
Ontario has the most amount of properties available to property investors, with Head Lake having 1062th most in the province, out of a total of 1239.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Head Lake will hopefully provide an indicator to help you where to research in-depth
In Head Lake, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Apr this neighbourhood’s most common listing the same as the national average.
As one of Ontario’s many potential real estate investment neighbourhoods, Head Lake 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Head Lake there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.