With a median listing price of $235,000, Sundridge is Canada’s 2296th most expensive when ordered by median listing price.
While the median for Ontario is $349,900 , which means that Sundridge’s median price is $235,000 better than average than the rest of the province.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
Across Ontario Sundridge has the 217th most properties on offer with 1145.
Will prices rise across the next year in in Sundridge? There are a number of real estate indicators to consider.
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 Sundridge, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 45, this month we show 37.
As one of Ontario’s many potential real estate investment neighbourhoods, Sundridge 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.
Over the last three months in Sundridge, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.