Across the nation CREW lists data for 5162 neighbourhoods, and this month Orangeville is number 597 putting it ahead of most neighbourhoods .
Want a cheaply priced house? Then at $437,450 this month, Orangeville, Ontario is probably not for you price wise.
3 bedroom properties are the most common available for real estate investors this month in neighbourhood.
Across Ontario Orangeville has the 172th most properties on offer with 1145.
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.
Over the last three months in Orangeville, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.
With Orangeville’s median house price at $149,900 in Aug , it is one of the cheapest neighbourhoods compared to the rest of Ontario.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
Across Ontario Orangeville has the 103th most properties on offer with 196.
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.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.