Lewisporte, NL

Updated: Aug 2016
House
Median price $234,900
Monthly growth 1.27 %
Quarterly trend
Stock on market 1.14%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Lewisporte Home Price

Across the nation CREW lists data for 5162 neighbourhoods, and this month Lewisporte is number 2302 putting it in the top half of the country .

Want a cheaply priced house? Then at $234,900 this month, Lewisporte, Newfoundland and Labrador is probably not for you price wise.

Lewisporte’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.

This month we track 29th neighbourhoods in Newfoundland and Labrador, and Lewisporte has the 29th most choice available for real estate investors.

It’s never an exact art, but to try to forecast how property is going to appreciate in Lewisporte for investors, it’s important to look at data like:

If you are looking at investment properties in Lewisporte, then there are more homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a buyers.

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.

When we look at the data we have, it can help with trying to establish whether or not Lewisporte is a good investment target.

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

Beds Median price (House) Median price (Apartment)
3 bedrooms $260,500
4 bedrooms $229,000
5 bedrooms $317,400
Demographics
  • Population in 20113483
  • Population in 20063308
  • 2006 to 2011 population change (%)5.3
  • Total private dwellings1487
  • Private dwellings occupied by usual residents1428
  • Population density per square kilometre94.4
  • Land area (square km)36.91