Across the country as a whole, Milton is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
In Feb the median listed house price of $115,000 in Milton was relatively low compared to the rest of Prince Edward Island.
Prince Edward Island has the fourth least amount of properties available to property investors, with Milton having 122th most in the province, out of a total of 170.
Will prices rise across the next year in in Milton? There are a number of real estate indicators to consider.
If you are looking at investment properties in Milton, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.
It’s never an exact art, but to try to forecast how property is going to appreciate in Milton for investors, it’s important to look at data like:
Over the last three months in Milton, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.