With a median listing price of $529,450, Port Severn is Canada’s 370th most expensive when ordered by median listing price.
While the median for Ontario is $349,900 , which means that Port Severn’s median price is $529,450 considerably better than the rest of the province.
Investors looking for properties in Port Severn are most likely to find 3 bedroom homes on offer this month, with 2 bedroom potential investment properties the second most popular.
This month we track 191th neighbourhoods in Ontario, and Port Severn has the 191th most choice available for real estate investors.
When we look at the data we have, it can help with trying to establish whether or not Port Severn is a good investment target.
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 Port Severn, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 33, this month we show 44.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Port Severn will hopefully provide an indicator to help you where to research in-depth
Over the last three months in Port Severn, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.