Across the country as a whole, Tantallon is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
In Aug the median listed house price of $379,900 in Tantallon was an impressive compared to the rest of Nova Scotia.
There are 825 neighbourhoods that have more properties on sale than Tantallon at the moment in Nova Scotia which puts the neighbourhood in the top 20% when looking at the number of properties to choose from.
When we look at the data we have, it can help with trying to establish whether or not Tantallon is a good investment target.
Over the last three months in Tantallon, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
Is Tantallon a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Tantallon there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.