Across the country as a whole, Grand Barachois is in the lowest priced 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
Grand Barachois, New Brunswick has a median house price of $189,000 when compiling all the home listings in Aug .
This month we track 21th neighbourhoods in New Brunswick, and Grand Barachois has the 21th most choice available for real estate investors.
Can we guarantee how well Grand Barachois 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.
The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.
With a median listing price of $163,900, Grand Barachois is Canada’s 794th most expensive when ordered by median listing price.
With Grand Barachois’s median house price at $163,900 in Aug , it is about average compared to the rest of New Brunswick.
Grand Barachois’s most common listing this month is 2 bedroom properties, less than province’s most common offering of 2 bedrooms.
New Brunswick has the seventh most amount of properties available to property investors, with Grand Barachois having 20th most in the province, out of a total of 32.
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 Grand Barachois there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.