With Stirling’s median house price at $259,900 in Aug , it is below average compared to the rest of Ontario.
Stirling’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
From our data, it appears that neighbourhood is number 1170th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 30.
Can we guarantee how well Stirling 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.
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 Stirling, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 23, this month we show 22.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
Will prices rise across the next year in in Stirling? There are a number of real estate indicators to consider.
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.