The median asking price in Port Elgin is $79,700, quite a drop from the median three months ago which was $79,900 .
In Aug the median listed house price of $79,700 in Port Elgin was relatively low compared to the rest of New Brunswick.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
According to our stats, Port Elgin is the neighbourhood that has the 128th most properties available to real estate investors in New Brunswick.
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.
If you are looking at investment properties in Port Elgin, then there are more homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a buyers.
It’s never an exact art, but to try to forecast how property is going to appreciate in Port Elgin for investors, it’s important to look at data like:
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.