Across the nation CREW lists data for 5162 neighbourhoods, and this month North Kemptville is number 3590 putting it in the bottom half of the country .
With North Kemptville’s median house price at $165,950 in Aug , it is below average compared to the rest of Nova Scotia.
Across Nova Scotia North Kemptville has the 587th most properties on offer with 825.
It’s never an exact art, but to try to forecast how property is going to appreciate in North Kemptville for investors, it’s important to look at data like:
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in North Kemptville there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
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.
When we look at the data we have, it can help with trying to establish whether or not North Kemptville 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.