Canada’s national median home listing price this month is $290,900, which means that South Monaghan is in the top 20% for Canada.
South Monaghan, Ontario has a median house price of $1,012,400 when compiling all the home listings in Aug .
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then South Monaghan has not many at all compared to the rest of the province
When we look at the data we have, it can help with trying to establish whether or not South Monaghan is a good investment target.
In 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.
It’s never an exact art, but to try to forecast how property is going to appreciate in South Monaghan for investors, it’s important to look at data like:
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in South Monaghan there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.