The median asking price in East Dover is $369,000, a substantial increase over the median three months ago which was $339,000 .
While the median for Nova Scotia is $232,500 , which means that East Dover’s median price is $369,000 considerably better than the rest of the province.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, East Dover needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
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.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
It’s never an exact art, but to try to forecast how property is going to appreciate in East Dover for investors, it’s important to look at data like:
In East Dover, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.