Across the nation CREW lists data for 4988 neighbourhoods, and this month Avondale is number 4485 putting it behind most of Canada .
Avondale, New Brunswick has a median house price of $101,950 when compiling all the home listings in Oct .
According to our stats, Avondale is the neighbourhood that has the 301th most properties available to real estate investors in New Brunswick.
As one of New Brunswick’s many potential real estate investment neighbourhoods, Avondale 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.
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.
Is Avondale a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.