Lakeville, PE

Updated: Aug 2016
House
Median price $65,000
Monthly growth 23.92 %
Quarterly trend
Stock on market 0.89%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Lakeville Home Price

Lakeville was Canada’s 5057th most expensive suburb by listed median house price this month.

The median house price listed in Lakeville this month is $65,000.

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Lakeville has a pretty average amount compared to the rest of the province

Can we guarantee how well Lakeville 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.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Lakeville 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 Aug this neighbourhood’s most common listing the same as the national average.

As one of Prince Edward Island’s many potential real estate investment neighbourhoods, Lakeville 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.

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

Beds Median price (House) Median price (Apartment)
3 bedrooms $105,500
Demographics
  • Population in 2011496
  • Population in 2006519
  • 2006 to 2011 population change (%)-4.4
  • Total private dwellings337
  • Private dwellings occupied by usual residents183
  • Population density per square kilometre5.5
  • Land area (square km)89.85