Across the nation CREW lists data for 5162 neighbourhoods, and this month Chester is number 324 putting it ahead of most neighbourhoods .
When our research team crunched the numbers we calculated that Chester has a median home price of $549,900.
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.
According to our stats, Chester is the neighbourhood that has the 27th most properties available to real estate investors in Nova Scotia.
Nova Scotia has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Chester there is more stock than three months ago. This would indicate pressure on prices easing.
When we look at the data we have, it can help with trying to establish whether or not Chester is a good investment target.
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.