Across the nation CREW lists data for 5162 neighbourhoods, and this month Lakehurst is number 1004 putting it ahead of most neighbourhoods .
In Aug the median listed house price of $357,400 in Lakehurst was an above average compared to the rest of Ontario.
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.
Ontario has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Lakehurst, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 5, this month we show 6.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Lakehurst will hopefully provide an indicator to help you where to research in-depth
Over the last three months in Lakehurst, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.