Across the country as a whole, Summerford is in the lowest priced 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
While the median for Newfoundland and Labrador is $189,750 , which means that Summerford’s median price is $157,200 below average than the rest of the province.
If you’re looking at investment properties in Summerford, then you’re most likely to find homes with 4 bedrooms on sale this month.
This month we track 148th neighbourhoods in Newfoundland and Labrador, and Summerford has the 148th most choice available for real estate investors.
When we look at the data we have, it can help with trying to establish whether or not Summerford is a good investment target.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Summerford there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.