When looking across the province, Cocagne is the 94th most expensive in New Brunswick.
While the median for New Brunswick is $169,900 , which means that Cocagne’s median price is $204,900 below average than the rest of the province.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
This month we track 25th neighbourhoods in New Brunswick, and Cocagne has the 25th most choice available for real estate investors.
Can we guarantee how well Cocagne is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.
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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Cocagne there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.