Across the country as a whole, Jewetts Mills is in the lowest priced 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
Jewetts Mills, New Brunswick has a median house price of $179,950 when compiling all the home listings in May .
Will prices rise across the next year in in Jewetts Mills? There are a number of real estate indicators to consider.
If you are looking at investment properties in Jewetts Mills, 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.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
As one of New Brunswick’s many potential real estate investment neighbourhoods, Jewetts Mills 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Jewetts Mills there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.