The MoneyShow (Friday, September 16th - 17th) covers topics that are either hot-button issues or those with additional complexity by taking a laser-focused approach
Wellington North Home Price
Across the nation CREW lists data for 5162 neighbourhoods, and this month Wellington North is number 581 putting it ahead of most neighbourhoods .
In Aug the median listed house price of $444,450 in Wellington North was an impressive compared to the rest of Ontario.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
There are 1145 neighbourhoods that have more properties on sale than Wellington North at the moment in Ontario which puts the neighbourhood top 40% when looking at the number of properties to choose from.
Is Wellington North 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 Wellington North, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.
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