With a median listing price of $194,450, Espanola is Canada’s 3020th most expensive when ordered by median listing price.
While the median for Ontario is $349,900 , which means that Espanola’s median price is $194,450 below average than the rest of the province.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
There are 1145 neighbourhoods that have more properties on sale than Espanola at the moment in Ontario which puts the neighbourhood in the top 20% when looking at the number of properties to choose from.
When we look at the data we have, it can help with trying to establish whether or not Espanola is a good investment target.
If you are looking at investment properties in Espanola, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.
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 Espanola 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.
If you are looking at investment properties in Espanola, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.