Across the nation CREW lists data for 5207 neighbourhoods, and this month First Peninsula is number 1265 putting it ahead of most neighbourhoods .
Want a cheaply priced house? Then at $331,500 this month, First Peninsula, Nova Scotia is definitely not for you price wise.
Across Nova Scotia First Peninsula has the 546th most properties on offer with 792.
Can we guarantee how well First Peninsula 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.
Over the last three months in First Peninsula, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in May this neighbourhood’s most common listing the same as the national average.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, First Peninsula 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in First Peninsula there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.