The median asking price in Oshawa is $399,900, a substantial increase over the median three months ago which was $399,900 .
Oshawa, Ontario has a median house price of $399,900 when compiling all the home listings in May .
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
The number of homes for sale this month in the neighbourhood has increased substantially at 1220 in May .
As one of Ontario’s many potential real estate investment neighbourhoods, Oshawa 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.
If you are looking at investment properties in Oshawa, then there are more homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a buyers.
The median asking price in Oshawa is $252,900, an improvement on the median three months ago which was $329,900 .
With Oshawa’s median house price at $252,900 in May , it is about average compared to the rest of Ontario.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
From our data, it appears that neighbourhood is number 272th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 30.
Will prices rise across the next year in in Oshawa? 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.