When looking across the province, Salem is the 141th most expensive in Ontario.
While the median for Ontario is $349,900 , which means that Salem’s median price is $557,450 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 the same as the national average.
From our data, it appears that neighbourhood is number 4285th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.
Is Salem a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
In Salem, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.