Canada’s national median home listing price this month is $290,900, which means that Madawaska is in the top 40% for Canada.
While the median for Ontario is $349,900 , which means that Madawaska’s median price is $310,000 better than average than the rest of the province.
This month we track 784th neighbourhoods in Ontario, and Madawaska has the 784th most choice available for real estate investors.
Can we guarantee how well Madawaska 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Madawaska there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
Will prices rise across the next year in in Madawaska? There are a number of real estate indicators to consider.