The median asking price in Parkindale is $66,450, quite a drop from the median three months ago which was $117,500 .
With Parkindale’s median house price at $66,450 in Aug , it is one of the cheapest neighbourhoods compared to the rest of New Brunswick.
3 bedroom properties are the most common available for real estate investors this month in neighbourhood.
From our data, it appears that neighbourhood is number 3171th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 40.
Is Parkindale a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Over the last three months in Parkindale, housing stock available seems to be falling – this could mean that homes values might increase faster.
When we look at the data we have, it can help with trying to establish whether or not Parkindale 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.