The median asking price in East Port Medway is $162,450, less than the median three months ago which was $167,450 .
While the median for Nova Scotia is $234,900 , which means that East Port Medway’s median price is $162,450 below average than the rest of the province.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, East Port Medway 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.
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 East Port Medway, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 2, this month we show 2.
It’s never an exact art, but to try to forecast how property is going to appreciate in East Port Medway for investors, it’s important to look at data like:
If you are looking at investment properties in East Port Medway, 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.