Canada’s national median home listing price this month is $310,000, which means that St. Lawrence is in the cheapest 20% for Canada.
The median house price listed in St. Lawrence this month is $94,900.
St. Lawrence’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
There are 191 neighbourhoods that have more properties on sale than St. Lawrence at the moment in Newfoundland and Labrador which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for St. Lawrence will hopefully provide an indicator to help you where to research in-depth
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in St. Lawrence there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Jun this neighbourhood’s most common listing the same as the national average.
Can we guarantee how well St. Lawrence 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.