Ochre Pit Cove, NL

Updated: Aug 2016
House
Median price $121,950
Monthly growth
Quarterly trend
Stock on market 0.15%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Ochre Pit Cove Home Price

Across the country as a whole, Ochre Pit Cove is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.

When our research team crunched the numbers we calculated that Ochre Pit Cove has a median home price of $121,950.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Ochre Pit Cove has not many at all compared to the rest of the province

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

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

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

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 Ochre Pit Cove have stayed pretty much the same which would tend to indicate that demand is steady.

Beds Median price (House) Median price (Apartment)
2 bedrooms $139,700
Demographics
  • Population in 20112017
  • Population in 20062218
  • 2006 to 2011 population change (%)-9.1
  • Total private dwellings1359
  • Private dwellings occupied by usual residents899
  • Population density per square kilometre6.5
  • Land area (square km)308.54