Across the nation CREW lists data for 5108 neighbourhoods, and this month Orangeville is number 424 putting it ahead of most neighbourhoods .
With Orangeville’s median house price at $469,900 in Sep , it is high priced compared to the rest of Ontario.
Investors looking for properties in Orangeville are most likely to find 3 bedroom homes on offer this month, with 4 bedroom potential investment properties the second most popular.
This month we track 133th neighbourhoods in Ontario, and Orangeville has the 133th most choice available for real estate investors.
As one of Ontario’s many potential real estate investment neighbourhoods, Orangeville 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.
If you are looking at investment properties in Orangeville, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.
Canada’s national median home listing price this month is $244,500, which means that Orangeville is in the bottom 40% for Canada.
While the median for Ontario is $324,750 , which means that Orangeville’s median price is $159,900 below average than the rest of the province.
If you’re looking at investment properties in Orangeville, then you’re most likely to find homes with 2 bedrooms on sale this month.
There are 200 neighbourhoods that have more properties on sale than Orangeville at the moment in Ontario which puts the neighbourhood top 40% when looking at the number of properties to choose from.
Can we guarantee how well Orangeville 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.