With a median listing price of $131,450, Yarmouth is Canada’s 4252th most expensive when ordered by median listing price.
The $131,450 price tag on the median Yarmouth home means that it is very cheap in comparison to the rest of the nation.
According to our stats, Yarmouth is the neighbourhood that has the 15th most properties available to real estate investors in Nova Scotia.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, Yarmouth 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.
Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.
The median asking price in Yarmouth is $99,500, quite a drop from the median three months ago which was $99,500 .
While the median for Nova Scotia is $219,900 , which means that Yarmouth’s median price is $99,500 a lot lower than the rest of the province.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Yarmouth has a huge choice compared to the rest of the province
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Yarmouth will hopefully provide an indicator to help you where to research in-depth
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 Yarmouth, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 15, this month we show 19.