Canada’s national median home listing price this month is $290,900, which means that Burritts Rapids is in the top 20% for Canada.
With Burritts Rapids’s median house price at $404,950 in Aug , it is above average compared to the rest of Ontario.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Burritts Rapids has not many at all compared to the rest of the province
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.
Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.
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.
When we look at the data we have, it can help with trying to establish whether or not Burritts Rapids 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 Burritts Rapids have stayed pretty much the same which would tend to indicate that demand is steady.