Across the country as a whole, Florence is in the lowest priced 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
The $144,950 price tag on the median Florence home means that it is below the national norm.
Florence’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
Across Ontario Florence has the 995th most properties on offer with 1159.
Is Florence a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.
Ontario has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Florence have stayed pretty much the same which would tend to indicate that demand is steady.