Across the country as a whole, Fredericton is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.
Want a cheaply priced house? Then at $219,900 this month, Fredericton, New Brunswick is definitely not for you price wise.
Fredericton’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
This month we track 3rd neighbourhoods in New Brunswick, and Fredericton has the 3rd most choice available for real estate investors.
As one of New Brunswick’s many potential real estate investment neighbourhoods, Fredericton 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.
In Fredericton, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.
In Aug the median listed house price of $154,450 in Fredericton was a below average compared to the rest of New Brunswick.
New Brunswick has the seventh most amount of properties available to property investors, with Fredericton having 3rd most in the province, out of a total of 32.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Fredericton will hopefully provide an indicator to help you where to research in-depth
If you are looking at investment properties in Fredericton, then there are more homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a buyers.