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Shortts Lake, NS

Updated: Aug 2016
House
Median price $284,900
Monthly growth 42.48 %
Quarterly trend
Stock on market 0.08%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Shortts Lake Home Price

With a median listing price of $284,900, Shortts Lake is Canada’s 1644th most expensive when ordered by median listing price.

With Shortts Lake’s median house price at $284,900 in Aug , it is above average compared to the rest of Nova Scotia.

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.

From our data, it appears that neighbourhood is number 2904th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 40.

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

If you are looking at investment properties in Shortts Lake, then there are more homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a buyers.

When we look at the data we have, it can help with trying to establish whether or not Shortts Lake is a good investment target.

Over the last three months in Shortts Lake, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

Beds Median price (House) Median price (Apartment)
3 bedrooms $489,450
Demographics
  • Population in 201113339
  • Population in 200613312
  • 2006 to 2011 population change (%)0.2
  • Total private dwellings6009
  • Private dwellings occupied by usual residents5406
  • Population density per square kilometre9.2
  • Land area (square km)1443.11