Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Millbrook Home Price
With a median listing price of $174,450, Millbrook is Canada’s 3425th most expensive when ordered by median listing price.
In Aug the median listed house price of $174,450 in Millbrook was a below average compared to the rest of Nova Scotia.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Millbrook has not many at all compared to the rest of the province
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Millbrook 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 Millbrook 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 Millbrook for investors, it’s important to look at data like:
Corresponding census subdivisions are provided for the following place names where data is not available.
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