Wellington was Canada’s 1425th most expensive suburb by listed median house price this month.
When our research team crunched the numbers we calculated that Wellington has a median home price of $299,900.
According to our stats, Wellington is the neighbourhood that has the 421th most properties available to real estate investors in Ontario.
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 Wellington there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
It’s never an exact art, but to try to forecast how property is going to appreciate in Wellington for investors, it’s important to look at data like:
In Wellington, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.