When looking across the province, Witless Bay is the 20th most expensive in Newfoundland and Labrador.
The median house price listed in Witless Bay this month is $349,900.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
There are 197 neighbourhoods that have more properties on sale than Witless Bay at the moment in Newfoundland and Labrador which puts the neighbourhood top 40% when looking at the number of properties to choose from.
Is Witless Bay 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 decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.