Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
North Harbour Home Price
With a median listing price of $79,450, North Harbour is Canada’s 3903th most expensive when ordered by median listing price.
With North Harbour’s median house price at $79,450 in Dec , it is one of the cheapest neighbourhoods compared to the rest of Newfoundland and Labrador.
According to our stats, North Harbour is the neighbourhood that has the 115th most properties available to real estate investors in Newfoundland and Labrador.
As one of Newfoundland and Labrador’s many potential real estate investment neighbourhoods, North Harbour 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.
Over the last three months in North Harbour, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
Can we guarantee how well North Harbour 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.
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.
Corresponding census subdivisions are provided for the following place names where data is not available.
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