Last month, Myers Point was Canada’s 3316th priciest – this month at number 3316 it’s dropped -1860 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 $232,500 , which means that Myers Point’s median price is $179,400 below average than the rest of the province.
Across Nova Scotia Myers Point has the 587th most properties on offer with 825.
When we look at the data we have, it can help with trying to establish whether or not Myers Point is a good investment target.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Myers Point will hopefully provide an indicator to help you where to research in-depth
In Myers Point, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.