With a median listing price of $138,450, St. Stephen is Canada’s 4173th most expensive when ordered by median listing price.
The median house price listed in St. Stephen this month is $138,450.
3 bedroom properties are the most common available for real estate investors this month in neighbourhood.
From our data, it appears that neighbourhood is number 508th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 10.
It’s never an exact art, but to try to forecast how property is going to appreciate in St. Stephen for investors, it’s important to look at data like:
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in St. Stephen there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
The median asking price in St. Stephen is $105,000, quite a drop from the median three months ago which was $99,900 .
In Aug the median listed house price of $105,000 in St. Stephen was relatively low compared to the rest of New Brunswick.
There are 32 neighbourhoods that have more properties on sale than St. Stephen at the moment in New Brunswick which puts the neighbourhood top 40% when looking at the number of properties to choose from.
As one of New Brunswick’s many potential real estate investment neighbourhoods, St. Stephen needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
If you are looking at investment properties in St. Stephen, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.