When looking across the province, St. Thomas is the 831th most expensive in Ontario.
When our research team crunched the numbers we calculated that St. Thomas has a median home price of $229,900.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then St. Thomas has a huge choice compared to the rest of the province
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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in St. Thomas there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
The median asking price in St. Thomas is $189,000, less than the median three months ago which was $187,000 .
With St. Thomas’s median house price at $189,000 in Aug , it is below average compared to the rest of Ontario.
2 bedroom properties are the most common available for real estate investors this month in neighbourhood.
As one of Ontario’s many potential real estate investment neighbourhoods, St. Thomas needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in St. Thomas there is more stock than three months ago. This would indicate pressure on prices easing.