The median asking price in Newport Corner is $169,900, less than the median three months ago which was $127,450 .
When our research team crunched the numbers we calculated that Newport Corner has a median home price of $169,900.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
According to our stats, Newport Corner is the neighbourhood that has the 417th most properties available to real estate investors in Nova Scotia.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Newport Corner will hopefully provide an indicator to help you where to research in-depth
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 Newport Corner, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 4, this month we show 3.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
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.
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.