With Chatham-Kent’s median house price at $237,900 in Aug , it is below average compared to the rest of Ontario.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
According to our stats, Chatham-Kent is the neighbourhood that has the 114th most properties available to real estate investors in Ontario.
Will prices rise across the next year in in Chatham-Kent? There are a number of real estate indicators to consider.
The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.
When looking across the province, Chatham-Kent is the 190th most expensive in Ontario.
In Aug the median listed house price of $95,000 in Chatham-Kent was relatively low compared to the rest of Ontario.
2 bedroom properties are the most common available for real estate investors this month in neighbourhood.
This month we track 149th neighbourhoods in Ontario, and Chatham-Kent has the 149th most choice available for real estate investors.
As one of Ontario’s many potential real estate investment neighbourhoods, Chatham-Kent 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 Chatham-Kent, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.