Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Goldenville Home Price
With a median listing price of $469,000, Goldenville is Canada’s 508th most expensive when ordered by median listing price.
In Aug the median listed house price of $469,000 in Goldenville was an impressive 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 Goldenville having 587th most in the province, out of a total of 825.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Goldenville will hopefully provide an indicator to help you where to research in-depth
In Goldenville, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.
Over the last three months in Goldenville, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
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