When looking across the province, Newboro is the 890th most expensive in Ontario.
When our research team crunched the numbers we calculated that Newboro has a median home price of $212,000.
Newboro’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
There are 1145 neighbourhoods that have more properties on sale than Newboro at the moment in Ontario which puts the neighbourhood middle range when looking at the number of properties to choose from.
Can we guarantee how well Newboro 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.
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.
Will prices rise across the next year in in Newboro? There are a number of real estate indicators to consider.
Over the last three months in Newboro, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.