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Selma, NS

Updated: Aug 2016
House
Median price $224,900
Monthly growth -2.17 %
Quarterly trend
Stock on market 0.03%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Selma Home Price

With a median listing price of $224,900, Selma is Canada’s 2464th most expensive when ordered by median listing price.

The median house price listed in Selma this month is $224,900.

This month we track 417th neighbourhoods in Nova Scotia, and Selma 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 Selma for investors, it’s important to look at data like:

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

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.

Can we guarantee how well Selma is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

Beds Median price (House) Median price (Apartment)
4 bedrooms $102,400
Demographics
  • Population in 201122111
  • Population in 200621397
  • 2006 to 2011 population change (%)3.3
  • Total private dwellings9396
  • Private dwellings occupied by usual residents8550
  • Population density per square kilometre12.4
  • Land area (square km)1786.47