Across the country as a whole, Blue Rocks is in the Top 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
The median house price listed in Blue Rocks this month is $262,000.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
There are 825 neighbourhoods that have more properties on sale than Blue Rocks at the moment in Nova Scotia which puts the neighbourhood top 40% when looking at the number of properties to choose from.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Blue Rocks will hopefully provide an indicator to help you where to research in-depth
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, Blue Rocks 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Blue Rocks there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.