Portuguese Cove
Portuguese Cove

Portuguese Cove Housing Market Report

Buyer's Market

All types - for the month of August

Buyer's market Seller's market

6

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 5+ months indicates a buyer’s market, where homes are selling slowly and there are more homes than available buyers.

20

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

6

New

1(-66.67% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 5, in 2023: 16, in 2022: 0

Total Sold Listings*

1

Median Sold Price

$547,500

Avg Days on Market

20 days

Median Bidding

-$27,400

Compared to number of sold, same period, in 2024: 0, in 2023: 2, in 2022: 0

*Data is for the month of August

Median Sold Price vs Average Days and Average Total Days on Market - Portuguese Cove - All types

Sold vs Active vs New vs Relisted - Portuguese Cove - All types

Sold Price Distribution - Portuguese Cove - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Portuguese Cove - All types

Property type distribution based on data from the last 3 months.

Median Price - Portuguese Cove - All types

Just sold - Portuguese Cove

View all

Population and Demographics

Overview

Total population 270
Average household income $127,206

Age (%)

0 to 19
19%
20 to 34
13%
35 to 49
21%
50 to 64
26%
65 and plus
21%

Household composition (%)

Single family
77%
Single person
19%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
95%
French
2%
Others
2%

House tenancy (%)

Owners
95%
Renters
5%