Across the country as a whole, Meaford is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
While the median for Ontario is $349,900 , which means that Meaford’s median price is $424,000 considerably better than the rest of the province.
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.
When we look at the data we have, it can help with trying to establish whether or not Meaford is a good investment target.
Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.
With a median listing price of $332,000, Meaford is Canada’s 148th most expensive when ordered by median listing price.
When our research team crunched the numbers we calculated that Meaford has a median home price of $332,000.
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 Meaford 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 Meaford there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.