Across the nation CREW lists data for 4643 neighbourhoods, and this month Otter Lake is number 1084 putting it ahead of most neighbourhoods .
In Oct the median listed house price of $331,450 in Otter Lake 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 the average number of bedrooms than the most commonly available across the nation.
This month we track 1079th neighbourhoods in Ontario, and Otter Lake has the 1079th most choice available for real estate investors.
Will prices rise across the next year in in Otter Lake? 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.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Oct this neighbourhood’s most common listing the same as the national average.
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.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Otter Lake have stayed pretty much the same which would tend to indicate that demand is steady.