Happy Valley-Goose Bay, NL

Updated: Aug 2016
House
Median price $364,000
Monthly growth 12.00 %
Quarterly trend
Stock on market 0.35%
Apartment
Median price $459,000
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.09%

Happy Valley-Goose Bay Home Price

Canada’s national median home listing price this month is $290,900, which means that Happy Valley-Goose Bay is in the top 20% for Canada.

When our research team crunched the numbers we calculated that Happy Valley-Goose Bay has a median home price of $364,000.

Investors looking for properties in Happy Valley-Goose Bay are most likely to find 3 bedroom homes on offer this month, with 4 bedroom potential investment properties the second most popular.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Happy Valley-Goose Bay has more than the average number to choose from compared to the rest of the province

Will prices rise across the next year in in Happy Valley-Goose Bay? There are a number of real estate indicators to consider.

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 Happy Valley-Goose Bay, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 19, this month we show 12.

With a median listing price of $459,000, Happy Valley-Goose Bay is Canada’s 49th most expensive when ordered by median listing price.

While the median for Newfoundland and Labrador is $299,000 , which means that Happy Valley-Goose Bay’s median price is $459,000 considerably better than the rest of the province.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.

There are 13 neighbourhoods that have more properties on sale than Happy Valley-Goose Bay at the moment in Newfoundland and Labrador which puts the neighbourhood middle range when looking at the number of properties to choose from.

Will prices rise across the next year in in Happy Valley-Goose Bay? There are a number of real estate indicators to consider.

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 Happy Valley-Goose Bay have increased which would tend to indicate that demand is not as high as supply.

Beds Median price (House) Median price (Apartment)
3 bedrooms $364,000
4 bedrooms $314,900
Demographics
  • Population in 20117552
  • Population in 20067572
  • 2006 to 2011 population change (%)-0.3
  • Total private dwellings3386
  • Private dwellings occupied by usual residents2843
  • Population density per square kilometre24.7
  • Land area (square km)305.85