Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Constance Bay Home Price
With a median listing price of $342,400, Constance Bay is Canada’s 1107th most expensive when ordered by median listing price.
While the median for Ontario is $349,900 , which means that Constance Bay’s median price is $342,400 considerably better than the rest of the province.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Constance Bay has fewer than average compared to the rest of the province
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Constance Bay will hopefully provide an indicator to help you where to research in-depth
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 Constance Bay, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 4, this month we show 6.
Over the last three months in Constance Bay, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
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