Canada’s national median home listing price this month is $290,900, which means that Murray Harbour is in the cheapest 20% for Canada.
While the median for Prince Edward Island is $179,600 , which means that Murray Harbour’s median price is $109,900 a lot lower than the rest of the province.
According to our stats, Murray Harbour is the neighbourhood that has the 14th most properties available to real estate investors in Prince Edward Island.
Prince Edward Island 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 Murray Harbour, 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.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Murray Harbour will hopefully provide an indicator to help you where to research in-depth
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.