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New Glasgow, PE

Updated: Aug 2016
House
Median price $424,450
Monthly growth 574.80 %
Quarterly trend
Stock on market 1.93%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

New Glasgow Home Price

Canada’s national median home listing price this month is $290,900, which means that New Glasgow is in the top 20% for Canada.

The median house price listed in New Glasgow this month is $424,450.

In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 5.

According to our stats, New Glasgow is the neighbourhood that has the 28th most properties available to real estate investors in Prince Edward Island.

As one of Prince Edward Island’s many potential real estate investment neighbourhoods, New Glasgow needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.

If you are looking at investment properties in New Glasgow, then there are more homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a buyers.

Will prices rise across the next year in in New Glasgow? There are a number of real estate indicators to consider.

Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.

Beds Median price (House) Median price (Apartment)
3 bedrooms $543,950
5 bedrooms $424,450
Demographics
  • Population in 20111001
  • Population in 2006837
  • 2006 to 2011 population change (%)19.6
  • Total private dwellings414
  • Private dwellings occupied by usual residents368
  • Population density per square kilometre14.1
  • Land area (square km)70.92