The median house price listed in Prospect Bay this month is $232,400.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Prospect Bay has a huge choice compared to the rest of the province
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Prospect Bay 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.
Can we guarantee how well Prospect Bay 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.
If you are looking at investment properties in Prospect Bay, 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.