The median asking price in Southampton is $137,200, quite a drop from the median three months ago which was $199,900 .
With Southampton’s median house price at $137,200 in Aug , it is about average compared to the rest of New Brunswick.
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.
New Brunswick has the seventh most amount of properties available to property investors, with Southampton having 178th most in the province, out of a total of 421.
Can we guarantee how well Southampton 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.
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 Southampton have increased which would tend to indicate that demand is not as high as supply.
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.
When we look at the data we have, it can help with trying to establish whether or not Southampton is a good investment target.
In Southampton, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.