Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Skinners Pond Home Price
When looking across the province, Skinners Pond is the 207th most expensive in Prince Edward Island.
With Skinners Pond’s median house price at $70,750 in Jul , it is one of the cheapest neighbourhoods compared to the rest of Prince Edward Island.
According to our stats, Skinners Pond is the neighbourhood that has the 147th most properties available to real estate investors in Prince Edward Island.
Can we guarantee how well Skinners Pond 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.
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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Skinners Pond there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
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