Last month, Ingomar was Canada’s 2741th priciest – this month at number 2741 it’s dropped -157 While month on month that number shouldn’t matter too much, as fluctuation is common, it’s worth checking back regularly to see whether the deterioration continues.
While the median for Nova Scotia is $234,900 , which means that Ingomar’s median price is $215,500 below average than the rest of the province.
According to our stats, Ingomar is the neighbourhood that has the 548th most properties available to real estate investors in Nova Scotia.
When we look at the data we have, it can help with trying to establish whether or not Ingomar is a good investment target.
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 Ingomar, 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 2, this month we show 2.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in May this neighbourhood’s most common listing the same as the national average.
It’s never an exact art, but to try to forecast how property is going to appreciate in Ingomar for investors, it’s important to look at data like:
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 Ingomar have stayed pretty much the same which would tend to indicate that demand is steady.