Rondeau Bay Estates was Canada’s 579th most expensive suburb by listed median house price this month.
The $444,900 price tag on the median Rondeau Bay Estates home means that it is quite highly priced by Canadian standards.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
According to our stats, Rondeau Bay Estates is the neighbourhood that has the 990th most properties available to real estate investors in Ontario.
Is Rondeau Bay Estates a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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 Rondeau Bay Estates, 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 2, this month we show 2.
Ontario has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
In Rondeau Bay Estates, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.