Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Bentinck Home Price
When looking across the province, Bentinck is the 799th most expensive in Ontario.
The $239,450 price tag on the median Bentinck home means that it is about average price.
Bentinck’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 4 bedrooms.
This month we track 990th neighbourhoods in Ontario, and Bentinck has the 990th most choice available for real estate investors.
Is Bentinck 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 Bentinck, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
Can we guarantee how well Bentinck is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
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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