Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Malagash Centre Home Price
Last month, Malagash Centre was Canada’s 4118th priciest – this month at number 4118 it’s gained 96 While month on month that number shouldn’t matter too much, as fluctuation is common, it’s worth checking back regularly to see whether the improvement continues.
Malagash Centre, Nova Scotia has a median house price of $104,250 when compiling all the home listings in Jan .
Nova Scotia has the fifth most amount of properties available to property investors, with Malagash Centre having 445th most in the province, out of a total of 647.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Malagash Centre will hopefully provide an indicator to help you where to research in-depth
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 Malagash Centre, 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.
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.
Is Malagash Centre a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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 Malagash Centre have stayed pretty much the same which would tend to indicate that demand is steady.
“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