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Margaree Forks, NS

Updated: Aug 2016
House
Median price $125,000
Monthly growth 6.60 %
Quarterly trend
Stock on market 0.10%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Margaree Forks Home Price

Last month, Margaree Forks was Canada’s 4359th priciest – this month at number 4359 it’s dropped -2034 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 deterioration continues.

Want a cheaply priced house? Then at $125,000 this month, Margaree Forks, Nova Scotia do not consider price wise.

This month we track 417th neighbourhoods in Nova Scotia, and Margaree Forks has the 417th most choice available for real estate investors.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Margaree Forks will hopefully provide an indicator to help you where to research in-depth

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Margaree Forks there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.

It’s never an exact art, but to try to forecast how property is going to appreciate in Margaree Forks for investors, it’s important to look at data like:

Beds Median price (House) Median price (Apartment)
3 bedrooms $117,250
Demographics
  • Population in 20115280
  • Population in 20065859
  • 2006 to 2011 population change (%)-9.9
  • Total private dwellings3127
  • Private dwellings occupied by usual residents2309
  • Population density per square kilometre2.6
  • Land area (square km)2029.63