Surettes Island was Canada’s 4714th most expensive suburb by listed median house price this month.
With Surettes Island’s median house price at $99,500 in Aug , it is one of the cheapest neighbourhoods compared to the rest of Nova Scotia.
Across Nova Scotia Surettes Island has the 417th most properties on offer with 825.
Can we guarantee how well Surettes Island 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.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.
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.
Will prices rise across the next year in in Surettes Island? There are a number of real estate indicators to consider.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Surettes Island there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.