When looking across the province, Bloomfield is the 248th most expensive in New Brunswick.
In Aug the median listed house price of $129,900 in Bloomfield was a below average compared to the rest of New Brunswick.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
This month we track 112th neighbourhoods in New Brunswick, and Bloomfield has the 112th most choice available for real estate investors.
Will prices rise across the next year in in Bloomfield? There are a number of real estate indicators to consider.
If you are looking at investment properties in Bloomfield, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.
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 Bloomfield is a good investment target.
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.