Last month, Bangor was Canada’s 932th priciest – this month at number 932 it’s dropped -5 While month on month that number shouldn’t matter too much, as fluctuation is common, it’s worth checking back regularly to see whether the deterioration continues.
With Bangor’s median house price at $354,500 in Aug , it is high priced compared to the rest of Nova Scotia.
Across Nova Scotia Bangor has the 157th most properties on offer with 222.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, Bangor needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
Over the last three months in Bangor, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Bangor will hopefully provide an indicator to help you where to research in-depth
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Bangor have stayed pretty much the same which would tend to indicate that demand is steady.