Credit plays a crucial role in real estate investment, greatly influencing the borrowing options that investors have at their disposal.
Kawartha Lakes Home Price
The median asking price in Kawartha Lakes is $369,900, a substantial increase over the median three months ago which was $359,850 .
With Kawartha Lakes’s median house price at $369,900 in Aug , it is above average compared to the rest of Ontario.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
Across Ontario Kawartha Lakes has the 23th most properties on offer with 1145.
Can we guarantee how well Kawartha Lakes 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.
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Kawartha Lakes, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 384, this month we show 259.
Kawartha Lakes was Canada’s 250th most expensive suburb by listed median house price this month.
While the median for Ontario is $335,000 , which means that Kawartha Lakes’s median price is $289,900 considerably better than the rest of the province.
There are 196 neighbourhoods that have more properties on sale than Kawartha Lakes at the moment in Ontario which puts the neighbourhood middle range when looking at the number of properties to choose from.
Will prices rise across the next year in in Kawartha Lakes? There are a number of real estate indicators to consider.
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Kawartha Lakes, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 7, this month we show 7.
“Sign up for our daily newsletter to get the latest news, updates and offers delivered directly to your inbox.”