In Aug the median listed house price of $77,000 in Melville was relatively low compared to the rest of Prince Edward Island.
This month we track 140th neighbourhoods in Prince Edward Island, and Melville has the 140th most choice available for real estate investors.
When we look at the data we have, it can help with trying to establish whether or not Melville is a good investment target.
Over the last three months in Melville, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.