The median asking price in Admaston is $364,950, a substantial increase over the median three months ago which was $166,200 .
While the median for Ontario is $349,900 , which means that Admaston’s median price is $364,950 considerably better than the rest of the province.
According to our stats, Admaston is the neighbourhood that has the 990th most properties available to real estate investors in Ontario.
Can we guarantee how well Admaston 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.
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 Admaston, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 4, this month we show 2.
When we look at the data we have, it can help with trying to establish whether or not Admaston is a good investment target.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Admaston have stayed pretty much the same which would tend to indicate that demand is steady.