Mobile, NL

Updated: Aug 2016
House
Median price $359,900
Monthly growth 5.88 %
Quarterly trend
Stock on market 0.31%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Mobile Home Price

With a median listing price of $359,900, Mobile is Canada’s 975th most expensive when ordered by median listing price.

When our research team crunched the numbers we calculated that Mobile has a median home price of $359,900.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Mobile has fewer than average compared to the rest of the province

Is Mobile a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Mobile, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 3, this month we show 3.

Can we guarantee how well Mobile 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.

In Mobile, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.

Beds Median price (House) Median price (Apartment)
3 bedrooms $379,900
Demographics
  • Population in 20111489
  • Population in 20061620
  • 2006 to 2011 population change (%)-8.1
  • Total private dwellings956
  • Private dwellings occupied by usual residents624
  • Population density per square kilometre2
  • Land area (square km)754.37