When looking across the province, Zone is the 593th most expensive in Ontario.
With Zone’s median house price at $284,900 in Sep , it is about average compared to the rest of Ontario.
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.
From our data, it appears that neighbourhood is number 4555th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.
Will prices rise across the next year in in Zone? There are a number of real estate indicators to consider.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Zone 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, Zone 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 Zone, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.