When looking across the province, St. Davids is the 125th most expensive in Ontario.
When our research team crunched the numbers we calculated that St. Davids has a median home price of $599,900.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then St. Davids has not many at all compared to the rest of the province
When we look at the data we have, it can help with trying to establish whether or not St. Davids 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 St. Davids, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 8, this month we show 3.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
It’s never an exact art, but to try to forecast how property is going to appreciate in St. Davids for investors, it’s important to look at data like:
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.