With a median listing price of $502,450, Jordan is Canada’s 413th most expensive when ordered by median listing price.
With Jordan’s median house price at $502,450 in Aug , it is high priced compared to the rest of Ontario.
From our data, it appears that neighbourhood is number 3171th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 40.
When we look at the data we have, it can help with trying to establish whether or not Jordan is a good investment target.
The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Jordan 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 Jordan there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.