When looking across the province, Otonabee-South Monaghan is the 469th most expensive in Ontario.
In Aug the median listed house price of $332,449 in Otonabee-South Monaghan was an above 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 2013th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 50.
Is Otonabee-South Monaghan a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
In Otonabee-South Monaghan, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.
Will prices rise across the next year in in Otonabee-South Monaghan? There are a number of real estate indicators to consider.
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.