The MoneyShow (Friday, September 16th - 17th) covers topics that are either hot-button issues or those with additional complexity by taking a laser-focused approach
Otonabee Home Price
Across the nation CREW lists data for 5162 neighbourhoods, and this month Otonabee is number 1516 putting it in the top half of the country .
While the median for Ontario is $349,900 , which means that Otonabee’s median price is $295,900 better than average than the rest of the province.
3 bedroom properties are the most common available for real estate investors this month in neighbourhood.
Can we guarantee how well Otonabee 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.
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 Otonabee have increased which would tend to indicate that demand is not as high as supply.
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.
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