Last month, Spry Harbour was Canada’s 3365th priciest – this month at number 3365 it’s dropped -215 While month on month that number shouldn’t matter too much, as fluctuation is common, it’s worth checking back regularly to see whether the deterioration continues.
Want a cheaply priced house? Then at $180,000 this month, Spry Harbour, Nova Scotia is a possibility for you price wise.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Spry Harbour has fewer than average compared to the rest of the province
When we look at the data we have, it can help with trying to establish whether or not Spry Harbour is a good investment target.
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 Spry Harbour, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 3, this month we show 3.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in May this neighbourhood’s most common listing the same as the national average.
Is Spry Harbour 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 Spry Harbour, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.