Sandy MacKay, a top local realtor from the Hamilton area, says that investors should be paying attention to the city as it has a lot to offer.
Millcove Home Price
Millcove, Prince Edward Island has a median house price of $103,700 when compiling all the home listings in Aug .
Across Prince Edward Island Millcove has the 140th most properties on offer with 218.
Can we guarantee how well Millcove 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 Millcove there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Millcove will hopefully provide an indicator to help you where to research in-depth
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Millcove have stayed pretty much the same which would tend to indicate that demand is steady.
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