Last month, Sault Ste. Marie was Canada’s 752th priciest – this month at number 752 it’s dropped -432 While month on month that number shouldn’t matter too much, as fluctuation is common, it’s worth checking back regularly to see whether the deterioration continues.
With Sault Ste. Marie’s median house price at $169,900 in Aug , it is one of the cheapest neighbourhoods compared to the rest of Ontario.
In province, the most common property on the listings this month has 2 bedrooms, in this neighbourhood it’s 2.
Across Ontario Sault Ste. Marie has the 27th most properties on offer with 196.
When we look at the data we have, it can help with trying to establish whether or not Sault Ste. Marie is a good investment target.
Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.