Shubenacadie was Canada’s 3261th most expensive suburb by listed median house price this month.
In Aug the median listed house price of $179,900 in Shubenacadie was a below average compared to the rest of Nova Scotia.
According to our stats, Shubenacadie is the neighbourhood that has the 69th most properties available to real estate investors in Nova Scotia.
When we look at the data we have, it can help with trying to establish whether or not Shubenacadie is a good investment target.
The amount of homes for sale in neighbourhood has increased over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also slipped.
Can we guarantee how well Shubenacadie 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.