The median asking price in Burton is $224,900, pretty close to the median three months ago which was $239,900 .
In Aug the median listed house price of $224,900 in Burton was an impressive 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.
Across New Brunswick Burton has the 33th most properties on offer with 421.
New Brunswick has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Burton there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
It’s never an exact art, but to try to forecast how property is going to appreciate in Burton for investors, it’s important to look at data like:
Over the last three months in Burton, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.