Across the nation CREW lists data for 4103 neighbourhoods, and this month Halfway Point is number 3609 putting it behind most of Canada .
While the median for Newfoundland and Labrador is $259,000 , which means that Halfway Point’s median price is $111,750 a lot lower than the rest of the province.
There are 162 neighbourhoods that have more properties on sale than Halfway Point at the moment in Newfoundland and Labrador which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.
Is Halfway Point a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
If you are looking at investment properties in Halfway Point, 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.
Will prices rise across the next year in in Halfway Point? There are a number of real estate indicators to consider.
In Halfway Point, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.