With a median listing price of $147,950, Pinette is Canada’s 3983th most expensive when ordered by median listing price.
In Aug the median listed house price of $147,950 in Pinette was a below average compared to the rest of Prince Edward Island.
This month we track 63th neighbourhoods in Prince Edward Island, and Pinette has the 63th most choice available for real estate investors.
As one of Prince Edward Island’s many potential real estate investment neighbourhoods, Pinette 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.
Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.
Can we guarantee how well Pinette 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.
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 Pinette have stayed pretty much the same which would tend to indicate that demand is steady.