The median asking price in Sioux Lookout is $147,500, less than the median three months ago which was $218,900 .
Sioux Lookout, Ontario has a median house price of $147,500 when compiling all the home listings in Aug .
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
Ontario has the most amount of properties available to property investors, with Sioux Lookout having 224th most in the province, out of a total of 1145.
As one of Ontario’s many potential real estate investment neighbourhoods, Sioux Lookout 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 Sioux Lookout there is more stock than three months ago. This would indicate pressure on prices easing.
As one of Ontario’s many potential real estate investment neighbourhoods, Sioux Lookout 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 Sioux Lookout, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.