Across the nation CREW lists data for 5162 neighbourhoods, and this month Norwich is number 1168 putting it ahead of most neighbourhoods .
The median house price listed in Norwich this month is $329,947.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Norwich has more than the average number to choose from compared to the rest of the province
Will prices rise across the next year in in Norwich? There are a number of real estate indicators to consider.
In Norwich, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.
When we look at the data we have, it can help with trying to establish whether or not Norwich is a good investment target.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Norwich have stayed pretty much the same which would tend to indicate that demand is steady.