With a median listing price of $102,000, Newellton is Canada’s 4661th most expensive when ordered by median listing price.
With Newellton’s median house price at $102,000 in Aug , it is one of the cheapest neighbourhoods compared to the rest of Nova Scotia.
Across Nova Scotia Newellton has the 587th most properties on offer with 825.
Nova Scotia has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Newellton there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
When we look at the data we have, it can help with trying to establish whether or not Newellton is a good investment target.
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.