Penetang was Canada’s 2337th most expensive suburb by listed median house price this month.
Want a cheaply priced house? Then at $232,450 this month, Penetang, Ontario is somewhere that you should look at price wise.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Penetang has not many at all compared to the rest of the province
Can we guarantee how well Penetang is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
In Penetang, 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.
When we look at the data we have, it can help with trying to establish whether or not Penetang is a good investment target.
If you are looking at investment properties in Penetang, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.