With a median listing price of $184,900, Reserve Mines is Canada’s 3190th most expensive when ordered by median listing price.
In Aug the median listed house price of $184,900 in Reserve Mines was a below average compared to the rest of Nova Scotia.
From our data, it appears that neighbourhood is number 2426th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 50.
Can we guarantee how well Reserve Mines 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 Reserve Mines there is more stock than three months ago. This would indicate pressure on prices easing.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Reserve Mines will hopefully provide an indicator to help you where to research in-depth
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 Reserve Mines have stayed pretty much the same which would tend to indicate that demand is steady.