Ads Google

Springvale, PE

Updated: Aug 2016
House
Median price $312,000
Monthly growth
Quarterly trend
Stock on market 0.42%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Springvale Home Price

The median asking price in Springvale is $312,000, an improvement on the median three months ago which was $297,000 .

Springvale, Prince Edward Island has a median house price of $312,000 when compiling all the home listings in Aug .

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.

This month we track 140th neighbourhoods in Prince Edward Island, and Springvale has the 140th most choice available for real estate investors.

Will prices rise across the next year in in Springvale? There are a number of real estate indicators to consider.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Springvale there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.

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

Over the last three months in Springvale, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

Demographics
  • Population in 20111153
  • Population in 20061163
  • 2006 to 2011 population change (%)-0.9
  • Total private dwellings473
  • Private dwellings occupied by usual residents455
  • Population density per square kilometre32.6
  • Land area (square km)35.32