Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Bothwell Home Price
When looking across the province, Bothwell is the 20th most expensive in Prince Edward Island.
While the median for Prince Edward Island is $179,600 , which means that Bothwell’s median price is $322,000 considerably better than the rest of the province.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Bothwell has fewer than average compared to the rest of the province
Is Bothwell 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 Bothwell there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
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.
Prince Edward Island has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.
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