When our research team crunched the numbers we calculated that Falmouth has a median home price of $253,900.
From our data, it appears that neighbourhood is number 778th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 20.
It’s never an exact art, but to try to forecast how property is going to appreciate in Falmouth for investors, it’s important to look at data like:
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Falmouth there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
Will prices rise across the next year in in Falmouth? There are a number of real estate indicators to consider.
If you are looking at investment properties in Falmouth, 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.