Across the nation CREW lists data for 5162 neighbourhoods, and this month Sandy Cove is number 4458 putting it behind most of Canada .
In Aug the median listed house price of $119,500 in Sandy Cove was relatively low compared to the rest of Nova Scotia.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Sandy Cove has a pretty average amount compared to the rest of the province
It’s never an exact art, but to try to forecast how property is going to appreciate in Sandy Cove for investors, it’s important to look at data like:
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Sandy Cove, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 5, this month we show 4.
Can we guarantee how well Sandy 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.
Over the last three months in Sandy Cove, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.