Lower Newtown, PE

Updated: Aug 2016
House
Median price $197,900
Monthly growth
Quarterly trend
Stock on market 0.46%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Lower Newtown Home Price

The median house price listed in Lower Newtown this month is $197,900.

There are 218 neighbourhoods that have more properties on sale than Lower Newtown at the moment in Prince Edward Island which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.

Will prices rise across the next year in in Lower Newtown? There are a number of real estate indicators to consider.

If you are looking at investment properties in Lower Newtown, 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.

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 Lower Newtown 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.

Demographics
  • Population in 2011987
  • Population in 2006999
  • 2006 to 2011 population change (%)-1.2
  • Total private dwellings439
  • Private dwellings occupied by usual residents361
  • Population density per square kilometre10.2
  • Land area (square km)96.44