When looking across the province, Sudbury is the 527th most expensive in Ontario.
When our research team crunched the numbers we calculated that Sudbury has a median home price of $315,900.
Sudbury’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
There are 1145 neighbourhoods that have more properties on sale than Sudbury at the moment in Ontario which puts the neighbourhood in the top 20% when looking at the number of properties to choose from.
As one of Ontario’s many potential real estate investment neighbourhoods, Sudbury 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.
The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.
The median house price listed in Sudbury this month is $272,400.
Sudbury’s most common listing this month is 2 bedroom properties, less than province’s most common offering of 2 bedrooms.
According to our stats, Sudbury is the neighbourhood that has the 16th most properties available to real estate investors in Ontario.
Is Sudbury a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Over the last three months in Sudbury, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.