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Smelt Brook, NS

Updated: Jan 2015
House
Median price $162,000
Monthly growth
Quarterly trend
Stock on market 0.12%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Smelt Brook Home Price

The median house price listed in Smelt Brook this month is $162,000.

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

From our data, it appears that neighbourhood is number 3815th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.

Nova Scotia has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.

It’s never an exact art, but to try to forecast how property is going to appreciate in Smelt Brook 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 Smelt Brook 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)
2 bedrooms $162,000
Demographics
  • Population in 20112769
  • Population in 20063046
  • 2006 to 2011 population change (%)-9.1
  • Total private dwellings1662
  • Private dwellings occupied by usual residents1150
  • Population density per square kilometre1.7
  • Land area (square km)1633.41