Summerside, NL

Updated: Aug 2016
House
Median price $149,450
Monthly growth -6.27 %
Quarterly trend
Stock on market 0.35%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Summerside Home Price

The median asking price in Summerside is $149,450, less than the median three months ago which was $125,000 .

The $149,450 price tag on the median Summerside home means that it is below the national norm.

There are 197 neighbourhoods that have more properties on sale than Summerside at the moment in Newfoundland and Labrador which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.

Is Summerside 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 Summerside have dried up which would tend to indicate that demand is higher than the supply of new properties.

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

Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.

Beds Median price (House) Median price (Apartment)
2 bedrooms $122,000
Demographics
  • Population in 20111428
  • Population in 20061290
  • 2006 to 2011 population change (%)10.7
  • Total private dwellings571
  • Private dwellings occupied by usual residents547
  • Population density per square kilometre120.1
  • Land area (square km)11.89