Canada’s national median home listing price this month is $290,900, which means that Fort Erie is in the top 40% for Canada.
In Aug the median listed house price of $309,900 in Fort Erie was an above average compared to the rest of Ontario.
3 bedroom properties are the most common available for real estate investors this month in neighbourhood.
There are 1145 neighbourhoods that have more properties on sale than Fort Erie at the moment in Ontario which puts the neighbourhood in the top 20% when looking at the number of properties to choose from.
Can we guarantee how well Fort Erie 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.
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 Fort Erie have dried up which would tend to indicate that demand is higher than the supply of new properties.
With a median listing price of $174,000, Fort Erie is Canada’s 736th most expensive when ordered by median listing price.
With Fort Erie’s median house price at $174,000 in Aug , it is one of the cheapest neighbourhoods compared to the rest of Ontario.
Across Ontario Fort Erie has the 62th most properties on offer with 196.
When we look at the data we have, it can help with trying to establish whether or not Fort Erie is a good investment target.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.