Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Fernwood Home Price
When looking across the province, Fernwood is the 204th most expensive in Prince Edward Island.
While the median for Prince Edward Island is $179,600 , which means that Fernwood’s median price is $77,950 a lot lower than the rest of the province.
2 bedroom properties are the most common available for real estate investors this month in neighbourhood.
Will prices rise across the next year in in Fernwood? There are a number of real estate indicators to consider.
If you are looking at investment properties in Fernwood, 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.
Can we guarantee how well Fernwood 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.
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