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Central West River, NS

Updated: May 2015
House
Median price $247,200
Monthly growth -8.27 %
Quarterly trend
Stock on market 0.10%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Central West River Home Price

With a median listing price of $247,200, Central West River is Canada’s 2244th most expensive when ordered by median listing price.

Want a cheaply priced house? Then at $247,200 this month, Central West River, Nova Scotia is probably not for you price wise.

3 bedroom properties are the most common available for real estate investors this month in neighbourhood.

The number of homes for sale this month in the neighbourhood has increased substantially at 750 in May .

Will prices rise across the next year in in Central West River? There are a number of real estate indicators to consider.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Central West River there is more stock than three months ago. This would indicate pressure on prices easing.

It’s never an exact art, but to try to forecast how property is going to appreciate in Central West River for investors, it’s important to look at data like:

Over the last three months in Central West River, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

Beds Median price (House) Median price (Apartment)
3 bedrooms $247,200
Demographics
  • Population in 20116397
  • Population in 20066412
  • 2006 to 2011 population change (%)-0.2
  • Total private dwellings3824
  • Private dwellings occupied by usual residents2729
  • Population density per square kilometre8.3
  • Land area (square km)771.02