Glenmont Home Price
In Aug the median listed house price of $150,000 in Glenmont was a below average compared to the rest of Nova Scotia.
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.
Nova Scotia has the fifth most amount of properties available to property investors, with Glenmont 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 Glenmont is a good investment target.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Glenmont have increased which would tend to indicate that demand is not as high as supply.
It’s never an exact art, but to try to forecast how property is going to appreciate in Glenmont for investors, it’s important to look at data like:
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Glenmont there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
“Sign up for our daily newsletter to get the latest news, updates and offers delivered directly to your inbox.”
Designed to offer readers accurate, cutting-edge information to guide their investment decisions, each issue of Canadian Real Estate is filled with informative articles on a broad range of topics.
© 2021 Canadian Estate Wealth. All Rights Reserved by Merged Media