Canada’s national median home listing price this month is $290,900, which means that Granville Beach is in the top 40% for Canada.
When our research team crunched the numbers we calculated that Granville Beach has a median home price of $299,000.
Nova Scotia has the fifth most amount of properties available to property investors, with Granville Beach having 417th most in the province, out of a total of 825.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Granville Beach will hopefully provide an indicator to help you where to research in-depth
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Granville Beach there is more stock than three months ago. This would indicate pressure on prices easing.
When we look at the data we have, it can help with trying to establish whether or not Granville Beach is a good investment target.
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.