Drayton was Canada’s 737th most expensive suburb by listed median house price this month.
With Drayton’s median house price at $399,900 in Aug , it is above average compared to the rest of Ontario.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
This month we track 307th neighbourhoods in Ontario, and Drayton has the 307th most choice available for real estate investors.
Can we guarantee how well Drayton is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
If you are looking at investment properties in Drayton, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.
Across the nation CREW lists data for 1054 neighbourhoods, and this month Drayton is number 165 putting it ahead of most neighbourhoods .
Want a cheaply priced house? Then at $324,298 this month, Drayton, Ontario is probably not for you price wise.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Drayton has a pretty average amount compared to the rest of the province
Is Drayton a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.