With a median listing price of $282,400, Clarenville is Canada’s 1671th most expensive when ordered by median listing price.
While the median for Newfoundland and Labrador is $209,000 , which means that Clarenville’s median price is $282,400 better than average 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 Clarenville has a huge choice compared to the rest of the province
As one of Newfoundland and Labrador’s many potential real estate investment neighbourhoods, Clarenville needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Clarenville have increased which would tend to indicate that demand is not as high as supply.