Canada’s national median home listing price this month is $290,900, which means that Bayside is in the top 40% for Canada.
With Bayside’s median house price at $264,900 in Aug , it is high priced compared to the rest of New Brunswick.
3 bedroom properties are the most common available for real estate investors this month in neighbourhood.
There are 421 neighbourhoods that have more properties on sale than Bayside at the moment in New Brunswick which puts the neighbourhood top 40% when looking at the number of properties to choose from.
Is Bayside 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 Bayside, 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 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.
When we look at the data we have, it can help with trying to establish whether or not Bayside is a good investment target.
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.