Canada’s national median home listing price this month is $290,900, which means that Halls Harbour is in the top 40% for Canada.
The median house price listed in Halls Harbour this month is $279,000.
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.
Nova Scotia has the fifth most amount of properties available to property investors, with Halls Harbour having 264th most in the province, out of a total of 825.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, Halls Harbour 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 Halls Harbour there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
Is Halls Harbour a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.