Welshtown Home Price
The median asking price in Welshtown is $134,500, quite a drop from the median three months ago which was $134,500 .
With Welshtown’s median house price at $134,500 in May , it is below average compared to the rest of Nova Scotia.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in May this neighbourhood’s most common listing has properties with fewer bedrooms.
The number of homes for sale this month in the neighbourhood has increased substantially at 750 in May .
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Welshtown will hopefully provide an indicator to help you where to research in-depth
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Welshtown there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, Welshtown needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
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