With a median listing price of $237,000, Granville Ferry is Canada’s 2284th most expensive when ordered by median listing price.
Want a cheaply priced house? Then at $237,000 this month, Granville Ferry, Nova Scotia is probably not for you price wise.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
This month we track 106th neighbourhoods in Nova Scotia, and Granville Ferry has the 106th most choice available for real estate investors.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Granville Ferry will hopefully provide an indicator to help you where to research in-depth
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Granville Ferry, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 12, this month we show 14.
When we look at the data we have, it can help with trying to establish whether or not Granville Ferry is a good investment target.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Granville Ferry have stayed pretty much the same which would tend to indicate that demand is steady.