East Walton was Canada’s 4256th most expensive suburb by listed median house price this month.
With East Walton’s median house price at $130,850 in Aug , it is one of the cheapest neighbourhoods compared to the rest of Nova Scotia.
Nova Scotia has the fifth most amount of properties available to property investors, with East Walton having 587th most in the province, out of a total of 825.
Can we guarantee how well East Walton is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in East Walton there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
Is East Walton a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Over the last three months in East Walton, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.