When looking across the province, Eastport is the 132th most expensive in Newfoundland and Labrador.
Eastport, Newfoundland and Labrador has a median house price of $159,900 when compiling all the home listings in Aug .
Eastport’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
This month we track 98th neighbourhoods in Newfoundland and Labrador, and Eastport has the 98th most choice available for real estate investors.
Can we guarantee how well Eastport 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Eastport there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Eastport will hopefully provide an indicator to help you where to research in-depth
Over the last three months in Eastport, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.