Katrine was Canada’s 1932th most expensive suburb by listed median house price this month.
In Aug the median listed house price of $261,894 in Katrine was a below average compared to the rest of Ontario.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
Across Ontario Katrine has the 990th most properties on offer with 1145.
Is Katrine a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
When we look at the data we have, it can help with trying to establish whether or not Katrine is a good investment target.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.