Norman's Cove, NL

Updated: Aug 2016
House
Median price $229,900
Monthly growth 0.00 %
Quarterly trend
Stock on market 1.23%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Norman's Cove Home Price

Across the country as a whole, Norman's Cove is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.

In Aug the median listed house price of $229,900 in Norman's Cove was an above average compared to the rest of Newfoundland and Labrador.

Newfoundland and Labrador has the second least amount of properties available to property investors, with Norman's Cove having 86th most in the province, out of a total of 197.

It’s never an exact art, but to try to forecast how property is going to appreciate in Norman's Cove for investors, it’s important to look at data like:

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 Norman's Cove have increased which would tend to indicate that demand is not as high as supply.

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

Over the last three months in Norman's Cove, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

Beds Median price (House) Median price (Apartment)
2 bedrooms $199,900
Demographics
  • Population in 2011720
  • Population in 2006773
  • 2006 to 2011 population change (%)-6.9
  • Total private dwellings324
  • Private dwellings occupied by usual residents286
  • Population density per square kilometre36
  • Land area (square km)19.98