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Clarence, NS

Updated: Aug 2016
House
Median price $319,900
Monthly growth
Quarterly trend
Stock on market 0.16%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Clarence Home Price

Clarence was Canada’s 1267th most expensive suburb by listed median house price this month.

Clarence, Nova Scotia has a median house price of $319,900 when compiling all the home listings in Aug .

Nova Scotia has the fifth most amount of properties available to property investors, with Clarence having 417th most in the province, out of a total of 825.

When we look at the data we have, it can help with trying to establish whether or not Clarence is a good investment target.

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

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Clarence will hopefully provide an indicator to help you where to research in-depth

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

Beds Median price (House) Median price (Apartment)
5 bedrooms $317,200
Demographics
  • Population in 20113650
  • Population in 20063707
  • 2006 to 2011 population change (%)-1.5
  • Total private dwellings1868
  • Private dwellings occupied by usual residents1541
  • Population density per square kilometre9.8
  • Land area (square km)373.67