Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Maximeville Home Price
When looking across the province, Maximeville is the 197th most expensive in Prince Edward Island.
While the median for Prince Edward Island is $179,600 , which means that Maximeville’s median price is $85,000 a lot lower than the rest of the province.
When we look at the data we have, it can help with trying to establish whether or not Maximeville is a good investment target.
In Maximeville, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
Is Maximeville a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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