With a median listing price of $259,900, Pleasant Grove is Canada’s 1803th most expensive when ordered by median listing price.
The median house price listed in Pleasant Grove this month is $259,900.
Pleasant Grove’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 4 bedrooms.
According to our stats, Pleasant Grove is the neighbourhood that has the 85th most properties available to real estate investors in Prince Edward Island.
When we look at the data we have, it can help with trying to establish whether or not Pleasant Grove is a good investment target.
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Pleasant Grove, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 2, this month we show 3.
Is Pleasant Grove a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Pleasant Grove there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.