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Mount Herbert, PE

Updated: Aug 2016
House
Median price $349,900
Monthly growth
Quarterly trend
Stock on market 0.40%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Mount Herbert Home Price

Across the nation CREW lists data for 5162 neighbourhoods, and this month Mount Herbert is number 1031 putting it ahead of most neighbourhoods .

The median house price listed in Mount Herbert this month is $349,900.

This month we track 87th neighbourhoods in Prince Edward Island, and Mount Herbert has the 87th most choice available for real estate investors.

Can we guarantee how well Mount Herbert 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.

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 Mount Herbert have increased which would tend to indicate that demand is not as high as supply.

Can we guarantee how well Mount Herbert 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 Mount Herbert there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Beds Median price (House) Median price (Apartment)
3 bedrooms $387,450
Demographics
  • Population in 20111911
  • Population in 20061791
  • 2006 to 2011 population change (%)6.7
  • Total private dwellings752
  • Private dwellings occupied by usual residents706
  • Population density per square kilometre26.5
  • Land area (square km)71.99