With a median listing price of $219,000, Trinity is Canada’s 2573th most expensive when ordered by median listing price.
While the median for Newfoundland and Labrador is $209,000 , which means that Trinity’s median price is $219,000 below average than the rest of the province.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 4.
This month we track 71th neighbourhoods in Newfoundland and Labrador, and Trinity has the 71th most choice available for real estate investors.
Can we guarantee how well Trinity 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.
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.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
It’s never an exact art, but to try to forecast how property is going to appreciate in Trinity for investors, it’s important to look at data like:
Over the last three months in Trinity, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.