Last month, McLellans Brook was Canada’s 2724th priciest – this month at number 2724 it’s dropped -126 While month on month that number shouldn’t matter too much, as fluctuation is common, it’s worth checking back regularly to see whether the deterioration continues.
With McLellans Brook’s median house price at $217,400 in May , it is about average compared to the rest of Nova Scotia.
Investors looking for properties in McLellans Brook are most likely to find 3 bedroom homes on offer this month, with 4 bedroom potential investment properties the second most popular.
This month we track 287th neighbourhoods in Nova Scotia, and McLellans Brook has the 287th most choice available for real estate investors.
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 McLellans Brook there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in May this neighbourhood’s most common listing the same as the national average.
When we look at the data we have, it can help with trying to establish whether or not McLellans Brook is a good investment target.
If you are looking at investment properties in McLellans Brook, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.