The $125,000 price tag on the median Perth-Andover home means that it is very cheap in comparison to the rest of the nation.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Perth-Andover has fewer than average compared to the rest of the province
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Perth-Andover will hopefully provide an indicator to help you where to research in-depth
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.
Can we guarantee how well Perth-Andover 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Perth-Andover there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.