When looking across the province, Parkers Cove is the 539th most expensive in Nova Scotia.
While the median for Nova Scotia is $232,500 , which means that Parkers Cove’s median price is $168,500 below average than the rest of the province.
Nova Scotia has the fifth most amount of properties available to property investors, with Parkers Cove having 173th most in the province, out of a total of 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.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Parkers Cove have increased which would tend to indicate that demand is not as high as supply.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
Can we guarantee how well Parkers Cove 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.
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.