The median asking price in Tobermory is $277,000, an improvement on the median three months ago which was $354,450 .
The median house price listed in Tobermory this month is $277,000.
Tobermory’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
Will prices rise across the next year in in Tobermory? There are a number of real estate indicators to consider.
Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.
Is Tobermory a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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 Tobermory have stayed pretty much the same which would tend to indicate that demand is steady.