Ads Google

New Russell, NS

Updated: Aug 2016
House
Median price $144,900
Monthly growth 18.38 %
Quarterly trend
Stock on market 0.05%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

New Russell Home Price

Canada’s national median home listing price this month is $290,900, which means that New Russell is in the bottom 40% for Canada.

With New Russell’s median house price at $144,900 in Aug , it is below average compared to the rest of Nova Scotia.

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

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

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 New Russell have stayed pretty much the same which would tend to indicate that demand is steady.

Is New Russell a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

In New Russell, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.

Beds Median price (House) Median price (Apartment)
3 bedrooms $204,000
Demographics
  • Population in 201110599
  • Population in 200610741
  • 2006 to 2011 population change (%)-1.3
  • Total private dwellings6169
  • Private dwellings occupied by usual residents4761
  • Population density per square kilometre9.4
  • Land area (square km)1122.22