When looking across the province, Charters Settlement is the 65th most expensive in New Brunswick.
The median house price listed in Charters Settlement this month is $225,900.
If you’re looking at investment properties in Charters Settlement, then you’re most likely to find homes with 3 bedrooms on sale this month.
When we look at the data we have, it can help with trying to establish whether or not Charters Settlement is a good investment target.
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Charters Settlement, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 15, this month we show 11.
As one of New Brunswick’s many potential real estate investment neighbourhoods, Charters Settlement 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.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Charters Settlement have stayed pretty much the same which would tend to indicate that demand is steady.