Eastern Passage, Nova Scotia has a median house price of $189,900 when compiling all the home listings in Aug .
This month we track 14th neighbourhoods in Nova Scotia, and Eastern Passage has the 14th most choice available for real estate investors.
When we look at the data we have, it can help with trying to establish whether or not Eastern Passage is a good investment target.
The amount of homes for sale in neighbourhood has increased over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also slipped.
Eastern Passage was Canada’s 671th most expensive suburb by listed median house price this month.
While the median for Nova Scotia is $219,900 , which means that Eastern Passage’s median price is $184,450 below average than the rest of the province.
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.
According to our stats, Eastern Passage is the neighbourhood that has the 37th most properties available to real estate investors in Nova Scotia.
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.
Over the last three months in Eastern Passage, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.