Across the country as a whole, Lowbanks is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
When our research team crunched the numbers we calculated that Lowbanks has a median home price of $469,900.
According to our stats, Lowbanks is the neighbourhood that has the 567th most properties available to real estate investors in Ontario.
When we look at the data we have, it can help with trying to establish whether or not Lowbanks is a good investment target.
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 Lowbanks, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 9, this month we show 9.
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.
Is Lowbanks a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Lowbanks there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.