Old Perlican, NL

Updated: Aug 2016
House
Median price $89,900
Monthly growth 33.38 %
Quarterly trend
Stock on market 0.97%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Old Perlican Home Price

Old Perlican was Canada’s 4821th most expensive suburb by listed median house price this month.

The $89,900 price tag on the median Old Perlican home means that it is very cheap in comparison to the rest of the nation.

If you’re looking at investment properties in Old Perlican, then you’re most likely to find homes with 3 bedrooms on sale this month.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Old Perlican has fewer than average compared to the rest of the province

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

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Old Perlican, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 2, this month we show 3.

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

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 $119,450
Demographics
  • 2006 to 2011 population change (%)-2.2
  • Total private dwellings308
  • Private dwellings occupied by usual residents264
  • Population density per square kilometre45.7
  • Land area (square km)14.47
  • Population in 2011661
  • Population in 2006676