Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Gilmour Home Price
When our research team crunched the numbers we calculated that Gilmour has a median home price of $234,450.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
According to our stats, Gilmour is the neighbourhood that has the 784th most properties available to real estate investors in Ontario.
As one of Ontario’s many potential real estate investment neighbourhoods, Gilmour 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.
Over the last three months in Gilmour, housing stock available seems to be falling – this could mean that homes values might increase faster.
Is Gilmour a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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 Gilmour have stayed pretty much the same which would tend to indicate that demand is steady.
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