Brookdale was Canada’s 3031th most expensive suburb by listed median house price this month.
In Aug the median listed house price of $193,900 in Brookdale was a below average compared to the rest of Nova Scotia.
This month we track 264th neighbourhoods in Nova Scotia, and Brookdale has the 264th most choice available for real estate investors.
When we look at the data we have, it can help with trying to establish whether or not Brookdale is a good investment target.
The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.
Is Brookdale a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
In Brookdale, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.