Sandy MacKay, a top local realtor from the Hamilton area, says that investors should be paying attention to the city as it has a lot to offer.
Rocky Point Home Price
While the median for Prince Edward Island is $179,600 , which means that Rocky Point’s median price is $134,900 a lot lower than the rest of the province.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Rocky Point has a pretty average amount compared to the rest of the province
Can we guarantee how well Rocky Point 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.
In Rocky Point, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
Prince Edward Island 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 Rocky Point have stayed pretty much the same which would tend to indicate that demand is steady.
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