Across the country as a whole, Upper Falmouth is in the Top 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
With Upper Falmouth’s median house price at $319,900 in Aug , it is high priced compared to the rest of Nova Scotia.
Across Nova Scotia Upper Falmouth has the 417th most properties on offer with 825.
It’s never an exact art, but to try to forecast how property is going to appreciate in Upper Falmouth for investors, it’s important to look at data like:
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 Upper Falmouth have dried up which would tend to indicate that demand is higher than the supply of new properties.
Is Upper Falmouth a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Over the last three months in Upper Falmouth, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.