Across the country as a whole, Shag Harbour is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
While the median for Nova Scotia is $232,500 , which means that Shag Harbour’s median price is $49,900 a lot lower than the rest of the province.
According to our stats, Shag Harbour is the neighbourhood that has the 417th most properties available to real estate investors in Nova Scotia.
Can we guarantee how well Shag Harbour 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.
In Shag Harbour, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.
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.
Over the last three months in Shag Harbour, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.