The median asking price in Maitland is $129,900, quite a drop from the median three months ago which was $149,900 .
With Maitland’s median house price at $129,900 in Aug , it is one of the cheapest neighbourhoods compared to the rest of Nova Scotia.
From our data, it appears that neighbourhood is number 2137th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 50.
It’s never an exact art, but to try to forecast how property is going to appreciate in Maitland for investors, it’s important to look at data like:
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 Maitland, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 9, this month we show 9.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
Will prices rise across the next year in in Maitland? There are a number of real estate indicators to consider.
In Maitland, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.