When looking across the province, Creemore is the 14th most expensive in Ontario.
The median house price listed in Creemore this month is $1,272,500.
Creemore’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
Ontario has the most amount of properties available to property investors, with Creemore having 597th most in the province, out of a total of 1145.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Creemore will hopefully provide an indicator to help you where to research in-depth
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 Creemore, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 7, this month we show 8.
Is Creemore a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.