The median asking price in Point Clark is $291,950, an improvement on the median three months ago which was $251,450 .
The $291,950 price tag on the median Point Clark 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.
Ontario has the most amount of properties available to property investors, with Point Clark having 406th most in the province, out of a total of 1145.
As one of Ontario’s many potential real estate investment neighbourhoods, Point Clark 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 Point Clark, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 28, this month we show 16.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Point Clark 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.