Canada’s national median home listing price this month is $290,900, which means that Seaforth is close to average for Canada.
With Seaforth’s median house price at $244,900 in Aug , it is below average compared to the rest of Ontario.
Seaforth’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
From our data, it appears that neighbourhood is number 1101th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 30.
It’s never an exact art, but to try to forecast how property is going to appreciate in Seaforth for investors, it’s important to look at data like:
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 Seaforth, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 36, this month we show 24.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Seaforth will hopefully provide an indicator to help you where to research in-depth
If you are looking at investment properties in Seaforth, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.