When looking across the province, Norton is the 159th most expensive in New Brunswick.
Want a cheaply priced house? Then at $169,900 this month, Norton, New Brunswick is probably not for you price wise.
If you’re looking at investment properties in Norton, then you’re most likely to find homes with 3 bedrooms on sale this month.
Will prices rise across the next year in in Norton? There are a number of real estate indicators to consider.
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 Norton, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 10, this month we show 9.
Is Norton a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Norton there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.