Springhill, PE

Updated: Sep 2015
House
Median price $96,950
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.63%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Springhill Home Price

With Springhill’s median house price at $96,950 in Sep , it is one of the cheapest neighbourhoods compared to the rest of Prince Edward Island.

There are 233 neighbourhoods that have more properties on sale than Springhill at the moment in Prince Edward Island which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.

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

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

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

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 Springhill have stayed pretty much the same which would tend to indicate that demand is steady.

Demographics
  • Population in 2011725
  • Population in 2006721
  • 2006 to 2011 population change (%)0.6
  • Total private dwellings317
  • Private dwellings occupied by usual residents274
  • Population density per square kilometre8.1
  • Land area (square km)89.07