When our research team crunched the numbers we calculated that Pokiok has a median home price of $157,400.
This month we track 306th neighbourhoods in New Brunswick, and Pokiok has the 306th most choice available for real estate investors.
When we look at the data we have, it can help with trying to establish whether or not Pokiok is a good investment target.
Over the last three months in Pokiok, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
As one of New Brunswick’s many potential real estate investment neighbourhoods, Pokiok needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Pokiok there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.