Across the country as a whole, Prescott is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.
Want a cheaply priced house? Then at $224,900 this month, Prescott, Ontario is somewhere that you should look at price wise.
If you’re looking at investment properties in Prescott, then you’re most likely to find homes with 3 bedrooms on sale this month.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Prescott will hopefully provide an indicator to help you where to research in-depth
Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.
When looking across the province, Prescott is the 111th most expensive in Ontario.
The $244,500 price tag on the median Prescott home means that it is above the cost of most houses in the country.
From our data, it appears that neighbourhood is number 286th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 30.
It’s never an exact art, but to try to forecast how property is going to appreciate in Prescott for investors, it’s important to look at data like:
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Prescott there is more stock than three months ago. This would indicate pressure on prices easing.