Leeds and the Thousand Islands Home Price
Across the country as a whole, Leeds and the Thousand Islands is in the Top 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
With Leeds and the Thousand Islands’s median house price at $349,900 in Aug , it is above average compared to the rest of Ontario.
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.
From our data, it appears that neighbourhood is number 303th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 10.
Is Leeds and the Thousand Islands a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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 Leeds and the Thousand Islands, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 98, this month we show 102.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
Can we guarantee how well Leeds and the Thousand Islands 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.
Over the last three months in Leeds and the Thousand Islands, 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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