Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Suffolk Home Price
When looking across the province, Suffolk is the 72th most expensive in Prince Edward Island.
When our research team crunched the numbers we calculated that Suffolk has a median home price of $214,700.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
According to our stats, Suffolk is the neighbourhood that has the 113th most properties available to real estate investors in Prince Edward Island.
It’s never an exact art, but to try to forecast how property is going to appreciate in Suffolk for investors, it’s important to look at data like:
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.
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