Across the nation CREW lists data for 5162 neighbourhoods, and this month Penetanguishene is number 1345 putting it in the top half of the country .
Penetanguishene, Ontario has a median house price of $309,900 when compiling all the home listings in Aug .
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
Across Ontario Penetanguishene has the 150th most properties on offer with 1145.
As one of Ontario’s many potential real estate investment neighbourhoods, Penetanguishene 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.
The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.
Penetanguishene was Canada’s 428th most expensive suburb by listed median house price this month.
Want a cheaply priced house? Then at $229,950 this month, Penetanguishene, Ontario is somewhere that you should look at price wise.
Across Ontario Penetanguishene has the 118th most properties on offer with 196.
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.
The amount of homes for sale in neighbourhood has increased over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also slipped.