Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Granville Home Price
When looking across the province, Granville is the 35th most expensive in Prince Edward Island.
Granville, Prince Edward Island has a median house price of $272,000 when compiling all the home listings in Jun .
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Jun this neighbourhood’s most common listing the same as the national average.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Granville has a pretty average amount compared to the rest of the province
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Granville will hopefully provide an indicator to help you where to research in-depth
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 Granville have stayed pretty much the same which would tend to indicate that demand is steady.
Will prices rise across the next year in in Granville? There are a number of real estate indicators to consider.
In Granville, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
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