Across the country as a whole, Upper Rawdon is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.
The median house price listed in Upper Rawdon this month is $194,900.
Across Nova Scotia Upper Rawdon has the 417th most properties on offer with 825.
It’s never an exact art, but to try to forecast how property is going to appreciate in Upper Rawdon for investors, it’s important to look at data like:
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Upper Rawdon there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
Can we guarantee how well Upper Rawdon 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.