While the median for Prince Edward Island is $177,700 , which means that Auburn’s median price is $124,550 a lot lower than the rest of the province.
Auburn’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
Prince Edward Island has the fifth least amount of properties available to property investors, with Auburn having 133th most in the province, out of a total of 214.
It’s never an exact art, but to try to forecast how property is going to appreciate in Auburn 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 Auburn there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
Can we guarantee how well Auburn 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.