With a median listing price of $107,400, Central Greenwich is Canada’s 4703th most expensive when ordered by median listing price.
While the median for New Brunswick is $174,900 , which means that Central Greenwich’s median price is $107,400 a lot lower than the rest of the province.
This month we track 290th neighbourhoods in New Brunswick, and Central Greenwich has the 290th most choice available for real estate investors.
As one of New Brunswick’s many potential real estate investment neighbourhoods, Central Greenwich 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.
Over the last three months in Central Greenwich, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
When we look at the data we have, it can help with trying to establish whether or not Central Greenwich 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.