Turkey Point was Canada’s 1260th most expensive suburb by listed median house price this month.
The $321,950 price tag on the median Turkey Point home means that it is above the cost of most houses in the country.
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.
This month we track 446th neighbourhoods in Ontario, and Turkey Point has the 446th most choice available for real estate investors.
It’s never an exact art, but to try to forecast how property is going to appreciate in Turkey Point 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 Turkey Point have dried up which would tend to indicate that demand is higher than the supply of new properties.
Will prices rise across the next year in in Turkey Point? There are a number of real estate indicators to consider.
Over the last three months in Turkey Point, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.