With a median listing price of $379,500, Rocklyn is Canada’s 868th most expensive when ordered by median listing price.
Want a cheaply priced house? Then at $379,500 this month, Rocklyn, Ontario is probably not for you price wise.
This month we track 990th neighbourhoods in Ontario, and Rocklyn has the 990th 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 Rocklyn is a good investment target.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
As one of Ontario’s many potential real estate investment neighbourhoods, Rocklyn 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 Rocklyn there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.