When looking across the province, Cape Negro is the 502th most expensive in Nova Scotia.
With Cape Negro’s median house price at $155,000 in May , it is below average compared to the rest of Nova Scotia.
Across Nova Scotia Cape Negro has the 370th most properties on offer with 750.
Will prices rise across the next year in in Cape Negro? There are a number of real estate indicators to consider.
In Cape Negro, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.
Is Cape Negro a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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 Cape Negro have stayed pretty much the same which would tend to indicate that demand is steady.