Across the nation CREW lists data for 5108 neighbourhoods, and this month North Stormont is number 1683 putting it in the top half of the country .
The median house price listed in North Stormont this month is $269,900.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
This month we track 432th neighbourhoods in Ontario, and North Stormont has the 432th most choice available for real estate investors.
As one of Ontario’s many potential real estate investment neighbourhoods, North Stormont needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
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.
When we look at the data we have, it can help with trying to establish whether or not North Stormont is a good investment target.
Over the last three months in North Stormont, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.