Antigonish was Canada’s 2402th most expensive suburb by listed median house price this month.
The $229,200 price tag on the median Antigonish home means that it is about average price.
Across Nova Scotia Antigonish has the 19th most properties on offer with 825.
Will prices rise across the next year in in Antigonish? There are a number of real estate indicators to consider.
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Antigonish, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 73, this month we show 72.
Canada’s national median home listing price this month is $244,900, which means that Antigonish is in the top 40% for Canada.
With Antigonish’s median house price at $236,000 in Aug , it is above average compared to the rest of Nova Scotia.
Across Nova Scotia Antigonish has the 29th most properties on offer with 51.
Is Antigonish 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 Antigonish there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.