Across the nation CREW lists data for 5260 neighbourhoods, and this month Bear Cove is number 37 putting it ahead of most neighbourhoods .
The median house price listed in Bear Cove this month is $1,129,899.
This month we track 548th neighbourhoods in Nova Scotia, and Bear Cove has the 548th most choice available for real estate investors.
Is Bear Cove a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
When we look at the data we have, it can help with trying to establish whether or not Bear Cove is a good investment target.
In Bear Cove, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.