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Baillie, NB

Updated: Mar 2016
House
Median price $57,400
Monthly growth -3.04 %
Quarterly trend
Stock on market 0.34%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Baillie Home Price

The median asking price in Baillie is $57,400, quite a drop from the median three months ago which was $43,900 .

While the median for New Brunswick is $169,900 , which means that Baillie’s median price is $57,400 a lot lower than the rest of the province.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.

This month we track 281th neighbourhoods in New Brunswick, and Baillie has the 281th 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 Baillie is a good investment target.

Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.

Is Baillie a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

Beds Median price (House) Median price (Apartment)
3 bedrooms $57,400
Demographics
  • Population in 20111241
  • Population in 20061350
  • 2006 to 2011 population change (%)-8.1
  • Total private dwellings590
  • Private dwellings occupied by usual residents508
  • Population density per square kilometre2.2
  • Land area (square km)556