The $212,000 price tag on the median Litchfield home means that it is about average price.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Litchfield has not many at all compared to the rest of the province
When we look at the data we have, it can help with trying to establish whether or not Litchfield is a good investment target.
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 Litchfield have stayed pretty much the same which would tend to indicate that demand is steady.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Jun this neighbourhood’s most common listing the same as the national average.
Is Litchfield a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.