When looking across the province, Russeldale is the 553th most expensive in Ontario.
In Jan the median listed house price of $278,400 in Russeldale was an above average compared to the rest of Ontario.
Russeldale’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
There are 1120 neighbourhoods that have more properties on sale than Russeldale at the moment in Ontario which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.
When we look at the data we have, it can help with trying to establish whether or not Russeldale is a good investment target.
In Russeldale, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Russeldale will hopefully provide an indicator to help you where to research in-depth
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Russeldale there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.