Gillams Home Price
Canada’s national median home listing price this month is $290,900, which means that Gillams is in the bottom 40% for Canada.
With Gillams’s median house price at $179,450 in Aug , it is about average compared to the rest of Newfoundland and Labrador.
From our data, it appears that neighbourhood is number 4285th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 40.
Can we guarantee how well Gillams 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.
In Gillams, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
As one of Newfoundland and Labrador’s many potential real estate investment neighbourhoods, Gillams 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.
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