Canada’s national median home listing price this month is $290,900, which means that Tilbury is in the bottom 40% for Canada.
Tilbury, Ontario has a median house price of $149,900 when compiling all the home listings in Aug .
From our data, it appears that neighbourhood is number 2426th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 50.
Will prices rise across the next year in in Tilbury? 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 Tilbury, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 4, this month we show 7.
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.
Can we guarantee how well Tilbury 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.
In Tilbury, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.