Across the nation CREW lists data for 5162 neighbourhoods, and this month Munster is number 1089 putting it ahead of most neighbourhoods .
The median house price listed in Munster this month is $344,900.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Munster has fewer than average compared to the rest of the province
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Munster will hopefully provide an indicator to help you where to research in-depth
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.
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.
As one of Ontario’s many potential real estate investment neighbourhoods, Munster 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.
Over the last three months in Munster, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.