Perth was Canada’s 4467th most expensive suburb by listed median house price this month.
Perth, New Brunswick has a median house price of $119,000 when compiling all the home listings in Aug .
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
According to our stats, Perth is the neighbourhood that has the 47th most properties available to real estate investors in New Brunswick.
Is Perth a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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 Perth, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 18, this month we show 17.
When we look at the data we have, it can help with trying to establish whether or not Perth is a good investment target.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Perth have stayed pretty much the same which would tend to indicate that demand is steady.