Mossley was Canada’s 50th most expensive suburb by listed median house price this month.
When our research team crunched the numbers we calculated that Mossley has a median home price of $1,114,950.
There are 1145 neighbourhoods that have more properties on sale than Mossley at the moment in Ontario which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Mossley will hopefully provide an indicator to help you where to research in-depth
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 Mossley, 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 2, this month we show 2.
As one of Ontario’s many potential real estate investment neighbourhoods, Mossley 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.
Over the last three months in Mossley, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.