Ootischenia was Canada’s 618th most expensive suburb by listed median house price this month.
In Aug the median listed house price of $429,900 in Ootischenia was an above average compared to the rest of British Columbia.
There are 359 neighbourhoods that have more properties on sale than Ootischenia at the moment in British Columbia which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.
Is Ootischenia a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
When we look at the data we have, it can help with trying to establish whether or not Ootischenia is a good investment target.
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 Ootischenia have stayed pretty much the same which would tend to indicate that demand is steady.