Across the country as a whole, Salmon River is in the lowest priced 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
Salmon River, Nova Scotia has a median house price of $143,000 when compiling all the home listings in Aug .
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
There are 825 neighbourhoods that have more properties on sale than Salmon River at the moment in Nova Scotia which puts the neighbourhood top 40% when looking at the number of properties to choose from.
Can we guarantee how well Salmon River 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.
In Salmon 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 Salmon River a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Over the last three months in Salmon River, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.