Head of Bay D'Espoir, NL

Updated: Jun 2016
House
Median price $137,400
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.53%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Head of Bay D'Espoir Home Price

Head of Bay D'Espoir, Newfoundland and Labrador has a median house price of $137,400 when compiling all the home listings in Jun .

Is Head of Bay D'Espoir a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Head of Bay D'Espoir there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Jun this neighbourhood’s most common listing the same as the national average.

It’s never an exact art, but to try to forecast how property is going to appreciate in Head of Bay D'Espoir for investors, it’s important to look at data like:

If you are looking at investment properties in Head of Bay D'Espoir, 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)
3 bedrooms $137,400
Demographics
  • Population in 2011789
  • Population in 2006865
  • 2006 to 2011 population change (%)-8.8
  • Total private dwellings379
  • Private dwellings occupied by usual residents331
  • Population density per square kilometre31.5
  • Land area (square km)25.02