With a median listing price of $172,400, Meteghan River is Canada’s 3455th most expensive when ordered by median listing price.
The $172,400 price tag on the median Meteghan River home means that it is below the national norm.
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.
This month we track 587th neighbourhoods in Nova Scotia, and Meteghan River has the 587th most choice available for real estate investors.
Can we guarantee how well Meteghan River is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Meteghan River there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Meteghan River will hopefully provide an indicator to help you where to research in-depth
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.