Woods Harbour was Canada’s 805th most expensive suburb by listed median house price this month.
In Aug the median listed house price of $392,000 in Woods Harbour was an impressive compared to the rest of Nova Scotia.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Woods Harbour has not many at all compared to the rest of the province
Nova Scotia has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Woods Harbour there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
Is Woods Harbour a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
In Woods Harbour, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.