Across the country as a whole, Fredericton Junction is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
While the median for New Brunswick is $169,900 , which means that Fredericton Junction’s median price is $129,900 a lot lower than the rest of the province.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
Across New Brunswick Fredericton Junction has the 224th most properties on offer with 421.
It’s never an exact art, but to try to forecast how property is going to appreciate in Fredericton Junction for investors, it’s important to look at data like:
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 Fredericton Junction, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 6, this month we show 3.
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 Fredericton Junction there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.