The median asking price in Deep Cove is $479,000, a substantial increase over the median three months ago which was $552,000 .
In Aug the median listed house price of $479,000 in Deep Cove was an impressive compared to the rest of Nova Scotia.
According to our stats, Deep Cove is the neighbourhood that has the 417th most properties available to real estate investors in Nova Scotia.
When we look at the data we have, it can help with trying to establish whether or not Deep Cove 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.
When our research team crunched the numbers we calculated that Deep Cove has a median home price of $315,000.
This month we track 21th neighbourhoods in Nova Scotia, and Deep Cove has the 21th most choice available for real estate investors.
It’s never an exact art, but to try to forecast how property is going to appreciate in Deep Cove for investors, it’s important to look at data like:
If you are looking at investment properties in Deep Cove, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.