Across the nation CREW lists data for 5162 neighbourhoods, and this month Lombardy is number 975 putting it ahead of most neighbourhoods .
The median house price listed in Lombardy this month is $359,900.
Across Ontario Lombardy has the 293th most properties on offer with 1145.
As one of Ontario’s many potential real estate investment neighbourhoods, Lombardy 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 Lombardy there is more stock than three months ago. This would indicate pressure on prices easing.
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.
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.
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.