Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Highlands East Home Price
The median asking price in Highlands East is $324,950, an improvement on the median three months ago which was $308,950 .
While the median for Ontario is $349,900 , which means that Highlands East’s median price is $324,950 considerably better than the rest of the province.
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.
This month we track 348th neighbourhoods in Ontario, and Highlands East has the 348th most choice available for real estate investors.
Is Highlands East a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
The amount of homes for sale in neighbourhood has increased over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also slipped.
Will prices rise across the next year in in Highlands East? There are a number of real estate indicators to consider.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
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