Canada’s national median home listing price this month is $290,900, which means that Round Hill is in the cheapest 20% for Canada.
With Round Hill’s median house price at $87,500 in Aug , it is one of the cheapest neighbourhoods compared to the rest of Nova Scotia.
According to our stats, Round Hill is the neighbourhood that has the 264th most properties available to real estate investors in Nova Scotia.
Is Round Hill a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Round Hill there is more stock than three months ago. This would indicate pressure on prices easing.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, Round Hill 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.
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 Round Hill have stayed pretty much the same which would tend to indicate that demand is steady.