Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
East Kemptville Home Price
East Kemptville was Canada’s 3870th most expensive suburb by listed median house price this month.
In Aug the median listed house price of $149,995 in East Kemptville was a below average compared to the rest of Nova Scotia.
Across Nova Scotia East Kemptville 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 East Kemptville for investors, it’s important to look at data like:
If you are looking at investment properties in East Kemptville, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.
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.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, East Kemptville needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
In East Kemptville, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
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