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Weymouth North, NS

Updated: Aug 2016
House
Median price $240,500
Monthly growth
Quarterly trend
Stock on market 0.05%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Weymouth North Home Price

Across the country as a whole, Weymouth North is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.

While the median for Nova Scotia is $232,500 , which means that Weymouth North’s median price is $240,500 better than average than the rest of the province.

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.

Across Nova Scotia Weymouth North has the 587th most properties on offer with 825.

As one of Nova Scotia’s many potential real estate investment neighbourhoods, Weymouth North 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.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Weymouth North 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.

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

In Weymouth North, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.

Demographics
  • Population in 20117463
  • Population in 20067986
  • 2006 to 2011 population change (%)-6.5
  • Total private dwellings4376
  • Private dwellings occupied by usual residents3280
  • Population density per square kilometre4.5
  • Land area (square km)1655.88