Canada’s national median home listing price this month is $290,900, which means that Lower Sackville is close to average for Canada.
Want a cheaply priced house? Then at $225,000 this month, Lower Sackville, Nova Scotia is a possibility for you price wise.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Lower Sackville will hopefully provide an indicator to help you where to research in-depth
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Lower Sackville there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
The median asking price in Lower Sackville is $159,900, less than the median three months ago which was $172,900 .
Lower Sackville, Nova Scotia has a median house price of $159,900 when compiling all the home listings in Aug .
Across Nova Scotia Lower Sackville has the 21th most properties on offer with 51.
It’s never an exact art, but to try to forecast how property is going to appreciate in Lower Sackville for investors, it’s important to look at data like:
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 Lower Sackville, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 5, this month we show 4.