Sandy MacKay, a top local realtor from the Hamilton area, says that investors should be paying attention to the city as it has a lot to offer.
DeGros Marsh Home Price
The median house price listed in DeGros Marsh this month is $234,450.
DeGros Marsh’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
Across Prince Edward Island DeGros Marsh has the 147th most properties on offer with 216.
As one of Prince Edward Island’s many potential real estate investment neighbourhoods, DeGros Marsh 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.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
Will prices rise across the next year in in DeGros Marsh? There are a number of real estate indicators to consider.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in DeGros Marsh there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
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