The median asking price in Mount Moriah is $174,000, less than the median three months ago which was $159,000 .
Mount Moriah, Newfoundland and Labrador has a median house price of $174,000 when compiling all the home listings in Aug .
According to our stats, Mount Moriah is the neighbourhood that has the 98th most properties available to real estate investors in Newfoundland and Labrador.
When we look at the data we have, it can help with trying to establish whether or not Mount Moriah is a good investment target.
If you are looking at investment properties in Mount Moriah, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
As one of Newfoundland and Labrador’s many potential real estate investment neighbourhoods, Mount Moriah 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.
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 Mount Moriah have stayed pretty much the same which would tend to indicate that demand is steady.