Across the country as a whole, Gooderham is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.
The $239,900 price tag on the median Gooderham home means that it is about average price.
Investors looking for properties in Gooderham are most likely to find 3 bedroom homes on offer this month, with 2 bedroom potential investment properties the second most popular.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Gooderham has a pretty average amount compared to the rest of the province
When we look at the data we have, it can help with trying to establish whether or not Gooderham is a good investment target.
Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
As one of Ontario’s many potential real estate investment neighbourhoods, Gooderham needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
In Gooderham, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.