In Jun the median listed house price of $219,900 in Fenelon was relatively low compared to the rest of Ontario.
Ontario has the second most amount of properties available to property investors, with Fenelon having 863th most in the province, out of a total of 1159.
It’s never an exact art, but to try to forecast how property is going to appreciate in Fenelon for investors, it’s important to look at data like:
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Fenelon there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
Can we guarantee how well Fenelon 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.