West Gore, Nova Scotia has a median house price of $109,700 when compiling all the home listings in Aug .
There are 825 neighbourhoods that have more properties on sale than West Gore at the moment in Nova Scotia which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.
Is West Gore a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, West Gore 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in West Gore there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.