Across the country as a whole, Upper Gagetown is in the lowest priced 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
When our research team crunched the numbers we calculated that Upper Gagetown has a median home price of $149,900.
Upper Gagetown’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 2 bedrooms.
There are 421 neighbourhoods that have more properties on sale than Upper Gagetown at the moment in New Brunswick which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Upper Gagetown will hopefully provide an indicator to help you where to research in-depth
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Upper Gagetown, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 3, this month we show 3.
Will prices rise across the next year in in Upper Gagetown? There are a number of real estate indicators to consider.
Over the last three months in Upper Gagetown, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.