Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Mavillette Home Price
With a median listing price of $122,000, Mavillette is Canada’s 4467th most expensive when ordered by median listing price.
In May the median listed house price of $122,000 in Mavillette was relatively low compared to the rest of Nova Scotia.
Across Nova Scotia Mavillette has the 546th most properties on offer with 792.
It’s never an exact art, but to try to forecast how property is going to appreciate in Mavillette for investors, it’s important to look at data like:
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
When we look at the data we have, it can help with trying to establish whether or not Mavillette 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 Mavillette have stayed pretty much the same which would tend to indicate that demand is steady.
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