The median asking price in Glen Haven is $425,000, a substantial increase over the median three months ago which was $599,900 .
Want a cheaply priced house? Then at $425,000 this month, Glen Haven, Nova Scotia is definitely not for you price wise.
Across Nova Scotia Glen Haven has the 121th most properties on offer with 825.
Is Glen Haven a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Glen Haven there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, Glen Haven 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.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.