Across the nation CREW lists data for 5162 neighbourhoods, and this month Springford is number 1371 putting it in the top half of the country .
When our research team crunched the numbers we calculated that Springford has a median home price of $308,450.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
According to our stats, Springford is the neighbourhood that has the 990th most properties available to real estate investors in Ontario.
Ontario has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
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 Springford, 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.
It’s never an exact art, but to try to forecast how property is going to appreciate in Springford for investors, it’s important to look at data like:
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Springford have stayed pretty much the same which would tend to indicate that demand is steady.