When looking across the province, Ferryland is the 56th most expensive in Newfoundland and Labrador.
The $249,900 price tag on the median Ferryland home means that it is about average price.
Newfoundland and Labrador has the second least amount of properties available to property investors, with Ferryland having 98th most in the province, out of a total of 197.
As one of Newfoundland and Labrador’s many potential real estate investment neighbourhoods, Ferryland needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
Will prices rise across the next year in in Ferryland? There are a number of real estate indicators to consider.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Ferryland there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.