Canada’s national median home listing price this month is $290,900, which means that Beechwood is in the cheapest 20% for Canada.
In Aug the median listed house price of $80,000 in Beechwood was relatively low compared to the rest of New Brunswick.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
When we look at the data we have, it can help with trying to establish whether or not Beechwood is a good investment target.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Beechwood will hopefully provide an indicator to help you where to research in-depth
In Beechwood, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.