With a median listing price of $299,900, Nine Mile River is Canada’s 1425th most expensive when ordered by median listing price.
With Nine Mile River’s median house price at $299,900 in Aug , it is above average compared to the rest of Nova Scotia.
There are 825 neighbourhoods that have more properties on sale than Nine Mile River at the moment in Nova Scotia which puts the neighbourhood in the top 20% when looking at the number of properties to choose from.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, Nine Mile River 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.
In Nine Mile River, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.
Is Nine Mile River a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
In Nine Mile River, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.