Across the nation CREW lists data for 5162 neighbourhoods, and this month Priceville is number 529 putting it ahead of most neighbourhoods .
Priceville, Ontario has a median house price of $459,000 when compiling all the home listings in Aug .
Ontario has the most amount of properties available to property investors, with Priceville having 861th most in the province, out of a total of 1145.
When we look at the data we have, it can help with trying to establish whether or not Priceville is a good investment target.
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 Priceville, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 3, this month we show 3.
Can we guarantee how well Priceville 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 Priceville, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.