When looking across the province, Westmount is the 485th most expensive in Nova Scotia.
In Aug the median listed house price of $179,450 in Westmount was a below average compared to the rest of Nova Scotia.
Across Nova Scotia Westmount has the 80th most properties on offer with 825.
Is Westmount a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Over the last three months in Westmount, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.
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.
When we look at the data we have, it can help with trying to establish whether or not Westmount is a good investment target.
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.