Fortune Cove, PE

Updated: Aug 2016
House
Median price $189,900
Monthly growth
Quarterly trend
Stock on market 0.35%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Fortune Cove Home Price

Across the country as a whole, Fortune Cove is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.

When our research team crunched the numbers we calculated that Fortune Cove has a median home price of $189,900.

There are 218 neighbourhoods that have more properties on sale than Fortune Cove at the moment in Prince Edward Island which puts the neighbourhood middle range when looking at the number of properties to choose from.

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.

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Fortune Cove, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 6, this month we show 3.

Is Fortune Cove 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 Fortune Cove, 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.

Beds Median price (House) Median price (Apartment)
4 bedrooms $339,450
Demographics
  • Population in 20111337
  • Population in 20061253
  • 2006 to 2011 population change (%)6.7
  • Total private dwellings869
  • Private dwellings occupied by usual residents499
  • Population density per square kilometre16.6
  • Land area (square km)80.61