Across the nation CREW lists data for 5162 neighbourhoods, and this month Coles Island is number 4548 putting it behind most of Canada .
With Coles Island’s median house price at $112,250 in Aug , it is below average compared to the rest of New Brunswick.
According to our stats, Coles Island is the neighbourhood that has the 178th most properties available to real estate investors in New Brunswick.
It’s never an exact art, but to try to forecast how property is going to appreciate in Coles Island for investors, it’s important to look at data like:
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Coles Island there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
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.
If you are looking at investment properties in Coles Island, 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.