The median asking price in Mulmur is $675,000, a substantial increase over the median three months ago which was $689,000 .
Mulmur, Ontario has a median house price of $675,000 when compiling all the home listings in Aug .
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
According to our stats, Mulmur is the neighbourhood that has the 209th most properties available to real estate investors in Ontario.
Will prices rise across the next year in in Mulmur? There are a number of real estate indicators to consider.
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.
As one of Ontario’s many potential real estate investment neighbourhoods, Mulmur needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.