The median asking price in Carbonear is $169,000, less than the median three months ago which was $189,700 .
With Carbonear’s median house price at $169,000 in Aug , it is below average compared to the rest of Newfoundland and Labrador.
3 bedroom properties are the most common available for real estate investors this month in neighbourhood.
From our data, it appears that neighbourhood is number 557th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 20.
Can we guarantee how well Carbonear 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.
In Carbonear, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Carbonear will hopefully provide an indicator to help you where to research in-depth
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 Carbonear have stayed pretty much the same which would tend to indicate that demand is steady.