The median house price listed in Doucetteville this month is $229,900.
Across Nova Scotia Doucetteville has the 264th most properties on offer with 825.
Is Doucetteville a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Doucetteville, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 2, this month we show 5.
It’s never an exact art, but to try to forecast how property is going to appreciate in Doucetteville for investors, it’s important to look at data like:
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.