Dunvegan was Canada’s 2277th most expensive suburb by listed median house price this month.
In Aug the median listed house price of $238,450 in Dunvegan was a below average compared to the rest of Ontario.
From our data, it appears that neighbourhood is number 4285th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 40.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Dunvegan will hopefully provide an indicator to help you where to research in-depth
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Dunvegan there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
It’s never an exact art, but to try to forecast how property is going to appreciate in Dunvegan for investors, it’s important to look at data like:
In Dunvegan, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.