Alexandra was Canada’s 1248th most expensive suburb by listed median house price this month.
Alexandra, Prince Edward Island has a median house price of $323,000 when compiling all the home listings in Aug .
According to our stats, Alexandra is the neighbourhood that has the 87th most properties available to real estate investors in Prince Edward Island.
Is Alexandra a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Alexandra, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 2, this month we show 3.
Can we guarantee how well Alexandra 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 Alexandra have stayed pretty much the same which would tend to indicate that demand is steady.