Villa Nova was Canada’s 1285th most expensive suburb by listed median house price this month.
The median house price listed in Villa Nova this month is $314,450.
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.
According to our stats, Villa Nova is the neighbourhood that has the 1125th most properties available to real estate investors in Ontario.
Can we guarantee how well Villa Nova 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Villa Nova there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
As one of Ontario’s many potential real estate investment neighbourhoods, Villa Nova 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.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.