With a median listing price of $278,200, Marriotts Cove is Canada’s 1739th most expensive when ordered by median listing price.
While the median for Nova Scotia is $232,500 , which means that Marriotts Cove’s median price is $278,200 better than average than the rest of the province.
There are 825 neighbourhoods that have more properties on sale than Marriotts Cove at the moment in Nova Scotia which puts the neighbourhood top 40% when looking at the number of properties to choose from.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, Marriotts Cove 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 increased over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also slipped.
Will prices rise across the next year in in Marriotts Cove? There are a number of real estate indicators to consider.
Over the last three months in Marriotts Cove, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.