Real Estate Market Report for
Miramichi, NB

Updated : Aug 2016
House
  • Median price $149,900
  • Monthly growth 50.05 %
  • Quarterly trend
  • Stock on market 1.99%
Apartment
  • Median price $227,450
  • Monthly growth
  • Quarterly trend
  • Stock on market 0.07%
Miramichi Home Price

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In Aug the median listed house price of $149,900 in Miramichi was an above average compared to the rest of New Brunswick.

If you’re looking at investment properties in Miramichi, then you’re most likely to find homes with 3 bedrooms on sale this month.

Across New Brunswick Miramichi has the 6th most properties on offer with 421.

It’s never an exact art, but to try to forecast how property is going to appreciate in Miramichi for investors, it’s important to look at data like:

Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.

When looking across the province, Miramichi is the 3rd most expensive in New Brunswick.

The median house price listed in Miramichi this month is $227,450.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Miramichi has more than the average number to choose from compared to the rest of the province

Will prices rise across the next year in in Miramichi? There are a number of real estate indicators to consider.

Over the last three months in Miramichi, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.

Beds Median price (House) Median price (Apartment)
2 bedrooms $127,400
3 bedrooms $149,900
4 bedrooms $112,400
5 bedrooms $209,900
Demographics

Corresponding census subdivisions are provided for the following place names where data is not available.

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