Across the country as a whole, Monteagle is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
While the median for New Brunswick is $174,900 , which means that Monteagle’s median price is $118,450 a lot lower than the rest of the province.
There are 389 neighbourhoods that have more properties on sale than Monteagle at the moment in New Brunswick which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.
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.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
When we look at the data we have, it can help with trying to establish whether or not Monteagle is a good investment target.
In Monteagle, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.