Across the nation CREW lists data for 5162 neighbourhoods, and this month New Hazelton is number 3251 putting it in the bottom half of the country .
The median house price listed in New Hazelton this month is $180,450.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
There are 359 neighbourhoods that have more properties on sale than New Hazelton at the moment in British Columbia which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.
Can we guarantee how well New Hazelton 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.
Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.
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.
It’s never an exact art, but to try to forecast how property is going to appreciate in New Hazelton for investors, it’s important to look at data like: