Canada’s national median home listing price this month is $310,000, which means that Hare Bay is in the cheapest 20% for Canada.
Hare Bay, Newfoundland and Labrador has a median house price of $112,750 when compiling all the home listings in Jun .
Across Newfoundland and Labrador Hare Bay has the 132th most properties on offer with 191.
When we look at the data we have, it can help with trying to establish whether or not Hare Bay is a good investment target.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Hare Bay will hopefully provide an indicator to help you where to research in-depth
In Hare Bay, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.