Canada’s national median home listing price this month is $290,900, which means that Edam is in the top 40% for Canada.
The $279,000 price tag on the median Edam home means that it is above the cost of most houses in the country.
Edam’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 4 bedrooms.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Edam has fewer than average compared to the rest of the province
Is Edam a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Edam there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.