Canada’s national median home listing price this month is $314,900, which means that New River Beach is close to average for Canada.
The median house price listed in New River Beach this month is $199,950.
From our data, it appears that neighbourhood is number 4117th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for New River Beach will hopefully provide an indicator to help you where to research in-depth
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.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
Will prices rise across the next year in in New River Beach? There are a number of real estate indicators to consider.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in New River Beach have stayed pretty much the same which would tend to indicate that demand is steady.