Summerside was Canada’s 848th most expensive suburb by listed median house price this month.
When our research team crunched the numbers we calculated that Summerside has a median home price of $149,900.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
This month we track 2nd neighbourhoods in Prince Edward Island, and Summerside has the 2nd most choice available for real estate investors.
Is Summerside a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Summerside there is more stock than three months ago. This would indicate pressure on prices easing.