With a median listing price of $345,900, West Jeddore is Canada’s 1083th most expensive when ordered by median listing price.
The $345,900 price tag on the median West Jeddore home means that it is above the cost of most houses in the country.
From our data, it appears that neighbourhood is number 1893th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 40.
Can we guarantee how well West Jeddore 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.
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 West Jeddore, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 14, this month we show 11.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, West Jeddore 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 Jeddore there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.