Canada’s national median home listing price this month is $290,900, which means that Edgerton is close to average for Canada.
The $245,900 price tag on the median Edgerton home means that it is about average price.
From our data, it appears that neighbourhood is number 2904th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 50.
It’s never an exact art, but to try to forecast how property is going to appreciate in Edgerton for investors, it’s important to look at data like:
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 Edgerton, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 7, this month we show 5.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Edgerton 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 Edgerton there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.