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Wood Islands, PE

Updated: Aug 2016
House
Median price $180,000
Monthly growth
Quarterly trend
Stock on market 0.97%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Wood Islands Home Price

The median asking price in Wood Islands is $180,000, less than the median three months ago which was $319,350 .

Wood Islands, Prince Edward Island has a median house price of $180,000 when compiling all the home listings in Aug .

There are 218 neighbourhoods that have more properties on sale than Wood Islands at the moment in Prince Edward Island which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.

When we look at the data we have, it can help with trying to establish whether or not Wood Islands is a good investment target.

In Wood Islands, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.

Can we guarantee how well Wood Islands is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Wood Islands there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Beds Median price (House) Median price (Apartment)
3 bedrooms $246,700
Demographics
  • Population in 2011470
  • Population in 2006540
  • 2006 to 2011 population change (%)-13
  • Total private dwellings308
  • Private dwellings occupied by usual residents197
  • Population density per square kilometre5.8
  • Land area (square km)80.42