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Red Islands, NS

Updated: May 2015
House
Median price $379,000
Monthly growth
Quarterly trend
Stock on market 0.18%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Red Islands Home Price

When looking across the province, Red Islands is the 68th most expensive in Nova Scotia.

Want a cheaply priced house? Then at $379,000 this month, Red Islands, Nova Scotia is definitely not for you price wise.

According to our stats, Red Islands is the neighbourhood that has the 548th most properties available to real estate investors in Nova Scotia.

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

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

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

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

Beds Median price (House) Median price (Apartment)
3 bedrooms $379,000
Demographics
  • Population in 20111573
  • Population in 20061769
  • 2006 to 2011 population change (%)-11.1
  • Total private dwellings1104
  • Private dwellings occupied by usual residents722
  • Population density per square kilometre2.4
  • Land area (square km)644.06