When looking across the province, Oxford is the 688th most expensive in Nova Scotia.
While the median for Nova Scotia is $232,500 , which means that Oxford’s median price is $125,450 a lot lower than the rest of the province.
Nova Scotia has the fifth most amount of properties available to property investors, with Oxford having 69th most in the province, out of a total of 825.
Can we guarantee how well Oxford is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, Oxford 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.
If you are looking at investment properties in Oxford, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.