Juniper was Canada’s 4982th most expensive suburb by listed median house price this month.
The $75,000 price tag on the median Juniper home means that it is very cheap in comparison to the rest of the nation.
Juniper’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
From our data, it appears that neighbourhood is number 3570th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 30.
Can we guarantee how well Juniper 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Juniper there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
As one of New Brunswick’s many potential real estate investment neighbourhoods, Juniper 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.
If you are looking at investment properties in Juniper, 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.