Murillo was Canada’s 1200th most expensive suburb by listed median house price this month.
In Jun the median listed house price of $337,450 in Murillo was an above average compared to the rest of Ontario.
From our data, it appears that neighbourhood is number 4155th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.
Ontario has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
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.
When we look at the data we have, it can help with trying to establish whether or not Murillo is a good investment target.
In Murillo, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.