Across the country as a whole, Coal Creek is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
In Aug the median listed house price of $87,400 in Coal Creek was relatively low compared to the rest of New Brunswick.
From our data, it appears that neighbourhood is number 4285th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 40.
New Brunswick has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
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 Coal Creek, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 2, this month we show 2.
Will prices rise across the next year in in Coal Creek? There are a number of real estate indicators to consider.
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.