With a median listing price of $310,950, Northern Bruce Peninsula is Canada’s 1337th most expensive when ordered by median listing price.
The $310,950 price tag on the median Northern Bruce Peninsula home means that it is above the cost of most houses in the country.
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.
According to our stats, Northern Bruce Peninsula is the neighbourhood that has the 93th most properties available to real estate investors in Ontario.
As one of Ontario’s many potential real estate investment neighbourhoods, Northern Bruce Peninsula 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.
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Northern Bruce Peninsula, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 81, this month we show 94.
When we look at the data we have, it can help with trying to establish whether or not Northern Bruce Peninsula is a good investment target.