The median asking price in West Lorne is $269,450, an improvement on the median three months ago which was $264,900 .
The $269,450 price tag on the median West Lorne home means that it is above the cost of most houses in the country.
3 bedroom properties are the most common available for real estate investors this month in neighbourhood.
It’s never an exact art, but to try to forecast how property is going to appreciate in West Lorne for investors, it’s important to look at data like:
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 West Lorne, 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 18.
Can we guarantee how well West Lorne 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.