In Nov the median listed house price of $374,900 in Selby was an above average compared to the rest of Ontario.
There are 1197 neighbourhoods that have more properties on sale than Selby 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 Selby is a good investment target.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Selby have stayed pretty much the same which would tend to indicate that demand is steady.
Can we guarantee how well Selby 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.
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.