Across the country as a whole, Hampton 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 $199,900 this month, Hampton, New Brunswick is probably not for you price wise.
There are 433 neighbourhoods that have more properties on sale than Hampton at the moment in New Brunswick which puts the neighbourhood in the top 20% when looking at the number of properties to choose from.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Hampton will hopefully provide an indicator to help you where to research in-depth
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Hampton there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
The median asking price in Hampton is $209,900, pretty close to the median three months ago which was $214,900 .
With Hampton’s median house price at $209,900 in Sep , it is high priced compared to the rest of New Brunswick.
New Brunswick has the seventh most amount of properties available to property investors, with Hampton having 18th most in the province, out of a total of 33.
Can we guarantee how well Hampton 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 increased over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also slipped.