Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Boutiliers Point Home Price
When looking across the province, Boutiliers Point is the 89th most expensive in Nova Scotia.
With Boutiliers Point’s median house price at $374,900 in Aug , it is high priced compared to the rest of Nova Scotia.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Boutiliers Point has more than the average number to choose from compared to the rest of the province
Can we guarantee how well Boutiliers Point 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.
Over the last three months in Boutiliers Point, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
It’s never an exact art, but to try to forecast how property is going to appreciate in Boutiliers Point for investors, it’s important to look at data like:
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.
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