Canada’s national median home listing price this month is $290,900, which means that Goulais River is in the bottom 40% for Canada.
The $184,900 price tag on the median Goulais River home means that it is below the national norm.
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 Goulais River at the moment in Ontario which puts the neighbourhood in the top 20% when looking at the number of properties to choose from.
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.
In Goulais River, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.
As one of Ontario’s many potential real estate investment neighbourhoods, Goulais River 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Goulais River there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.