With a median listing price of $248,200, Lawrencetown is Canada’s 2120th most expensive when ordered by median listing price.
The $248,200 price tag on the median Lawrencetown home means that it is about average price.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Lawrencetown has a huge choice compared to the rest of the province
Can we guarantee how well Lawrencetown is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
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 Lawrencetown, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 38, this month we show 40.
Lawrencetown was Canada’s 470th most expensive suburb by listed median house price this month.
With Lawrencetown’s median house price at $219,900 in Aug , it is above average compared to the rest of Nova Scotia.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Lawrencetown has fewer than average compared to the rest of the province
As one of Nova Scotia’s many potential real estate investment neighbourhoods, Lawrencetown 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.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.