Canada’s national median home listing price this month is $319,000, which means that Bamberg is in the top 20% for Canada.
While the median for Ontario is $369,900 , which means that Bamberg’s median price is $499,555 considerably better than the rest of the province.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Mar this neighbourhood’s most common listing the same as the national average.
From our data, it appears that neighbourhood is number 3006th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 30.
Is Bamberg a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
If you are looking at investment properties in Bamberg, then there are more homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a buyers.
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.
In Bamberg, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.