With a median listing price of $419,000, Indian Point is Canada’s 674th most expensive when ordered by median listing price.
Want a cheaply priced house? Then at $419,000 this month, Indian Point, Nova Scotia is definitely not for you price wise.
Across Nova Scotia Indian Point has the 121th most properties on offer with 825.
Will prices rise across the next year in in Indian Point? There are a number of real estate indicators to consider.
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 Indian Point, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 11, this month we show 11.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, Indian Point 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 Indian Point there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.