Canada’s national median home listing price this month is $290,900, which means that Hillsburn is close to average for Canada.
With Hillsburn’s median house price at $199,700 in Aug , it is about average 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 Hillsburn has not many at all compared to the rest of the province
Is Hillsburn a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Hillsburn have dried up which would tend to indicate that demand is higher than the supply of new properties.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, Hillsburn 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.
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.