Reidville, NL

Updated: Aug 2016
House
Median price $184,500
Monthly growth -7.28 %
Quarterly trend
Stock on market 1.05%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Reidville Home Price

The median asking price in Reidville is $184,500, less than the median three months ago which was $211,500 .

When our research team crunched the numbers we calculated that Reidville has a median home price of $184,500.

There are 197 neighbourhoods that have more properties on sale than Reidville at the moment in Newfoundland and Labrador which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.

Newfoundland and Labrador has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

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 Reidville have dried up which would tend to indicate that demand is higher than the supply of new properties.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Reidville will hopefully provide an indicator to help you where to research in-depth

If you are looking at investment properties in Reidville, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.

Beds Median price (House) Median price (Apartment)
3 bedrooms $86,950
Demographics
  • Land area (square km)58.41
  • Population in 2011474
  • Population in 2006511
  • 2006 to 2011 population change (%)-7.2
  • Total private dwellings190
  • Private dwellings occupied by usual residents174
  • Population density per square kilometre8.1