When looking across the province, Steeves Mountain is the 29th most expensive in New Brunswick.
With Steeves Mountain’s median house price at $304,950 in Oct , it is high priced compared to the rest of New Brunswick.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Oct this neighbourhood’s most common listing the same as the national average.
There are 431 neighbourhoods that have more properties on sale than Steeves Mountain at the moment in New Brunswick which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.
Can we guarantee how well Steeves Mountain 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.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Steeves Mountain will hopefully provide an indicator to help you where to research in-depth
If you are looking at investment properties in Steeves Mountain, 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.