When looking across the province, Kennetcook is the 292th most expensive in Nova Scotia.
In Aug the median listed house price of $242,400 in Kennetcook was an above average compared to the rest of Nova Scotia.
According to our stats, Kennetcook is the neighbourhood that has the 323th most properties available to real estate investors in Nova Scotia.
Is Kennetcook a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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 Kennetcook, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 6, this month we show 4.
Will prices rise across the next year in in Kennetcook? There are a number of real estate indicators to consider.
If you are looking at investment properties in Kennetcook, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.