The median asking price in Sluice Point is $129,000, quite a drop from the median three months ago which was $129,450 .
With Sluice Point’s median house price at $129,000 in Aug , it is one of the cheapest neighbourhoods compared to the rest of Nova Scotia.
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.
According to our stats, Sluice Point is the neighbourhood that has the 417th most properties available to real estate investors in Nova Scotia.
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.
Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, Sluice Point 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 Sluice Point have stayed pretty much the same which would tend to indicate that demand is steady.