Berry Mills was Canada’s 4003th most expensive suburb by listed median house price this month.
With Berry Mills’s median house price at $146,950 in Aug , it is about average compared to the rest of New Brunswick.
3 bedroom properties are the most common available for real estate investors this month in neighbourhood.
New Brunswick has the seventh most amount of properties available to property investors, with Berry Mills having 178th most in the province, out of a total of 421.
As one of New Brunswick’s many potential real estate investment neighbourhoods, Berry Mills 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 Berry Mills there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
Is Berry Mills a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Berry Mills there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.