Canada’s national median home listing price this month is $290,900, which means that Clarke's Beach is close to average for Canada.
While the median for Newfoundland and Labrador is $209,000 , which means that Clarke's Beach’s median price is $189,900 below average than the rest of the province.
Clarke's Beach’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Clarke's Beach has more than the average number to choose from compared to the rest of the province
Newfoundland and Labrador has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
In Clarke's Beach, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.
It’s never an exact art, but to try to forecast how property is going to appreciate in Clarke's Beach for investors, it’s important to look at data like:
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.