Second Falls was Canada’s 1496th most expensive suburb by listed median house price this month.
With Second Falls’s median house price at $287,200 in Oct , it is high priced compared to the rest of New Brunswick.
Across New Brunswick Second Falls has the 310th most properties on offer with 431.
When we look at the data we have, it can help with trying to establish whether or not Second Falls is a good investment target.
Over the last three months in Second Falls, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
Will prices rise across the next year in in Second Falls? There are a number of real estate indicators to consider.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Second Falls there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.