The median asking price in Amabel is $329,000, an improvement on the median three months ago which was $225,000 .
When our research team crunched the numbers we calculated that Amabel has a median home price of $329,000.
Across Ontario Amabel has the 839th most properties on offer with 1123.
As one of Ontario’s many potential real estate investment neighbourhoods, Amabel 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.
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 Amabel, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 15, this month we show 3.
As one of Ontario’s many potential real estate investment neighbourhoods, Amabel 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.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.