With a median listing price of $560,000, New Lowell is Canada’s 307th most expensive when ordered by median listing price.
The median house price listed in New Lowell this month is $560,000.
This month we track 784th neighbourhoods in Ontario, and New Lowell has the 784th most choice available for real estate investors.
When we look at the data we have, it can help with trying to establish whether or not New Lowell is a good investment target.
The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.
Can we guarantee how well New Lowell is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
Over the last three months in New Lowell, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.