With a median listing price of $246,500, Nappan is Canada’s 2140th most expensive when ordered by median listing price.
In Aug the median listed house price of $246,500 in Nappan was an above average compared to the rest of Nova Scotia.
This month we track 417th neighbourhoods in Nova Scotia, and Nappan has the 417th most choice available for real estate investors.
When we look at the data we have, it can help with trying to establish whether or not Nappan is a good investment target.
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.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
It’s never an exact art, but to try to forecast how property is going to appreciate in Nappan for investors, it’s important to look at data like:
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.