Salmonier Line, NL

Updated: Aug 2016
House
Median price $169,000
Monthly growth -5.58 %
Quarterly trend
Stock on market 0.29%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Salmonier Line Home Price

The median asking price in Salmonier Line is $169,000, less than the median three months ago which was $169,900 .

Want a cheaply priced house? Then at $169,000 this month, Salmonier Line, Newfoundland and Labrador is somewhere that you should look at price wise.

Can we guarantee how well Salmonier Line 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.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Salmonier Line there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.

As one of Newfoundland and Labrador’s many potential real estate investment neighbourhoods, Salmonier Line 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.

In Salmonier Line, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.

Beds Median price (House) Median price (Apartment)
2 bedrooms $189,450
Demographics
  • Population density per square kilometre9.2
  • Land area (square km)78.68
  • Population in 2011724
  • Population in 2006792
  • 2006 to 2011 population change (%)-8.6
  • Total private dwellings1041
  • Private dwellings occupied by usual residents303