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Gilberts Cove, NS

Updated: Aug 2016
House
Median price $364,000
Monthly growth
Quarterly trend
Stock on market 0.05%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Gilberts Cove Home Price

Across the country as a whole, Gilberts Cove is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.

With Gilberts Cove’s median house price at $364,000 in Aug , it is high priced compared to the rest of Nova Scotia.

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.

Is Gilberts Cove a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Gilberts Cove, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 2, this month we show 2.

Nova Scotia has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

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.

Demographics
  • Population in 20117463
  • Population in 20067986
  • 2006 to 2011 population change (%)-6.5
  • Total private dwellings4376
  • Private dwellings occupied by usual residents3280
  • Population density per square kilometre4.5
  • Land area (square km)1655.88