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Bear Island, NB

Updated: Feb 2016
House
Median price $194,700
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.35%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Bear Island Home Price

With Bear Island’s median house price at $194,700 in Feb , it is above average compared to the rest of New Brunswick.

In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.

There are 369 neighbourhoods that have more properties on sale than Bear Island at the moment in New Brunswick which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.

When we look at the data we have, it can help with trying to establish whether or not Bear Island 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 Bear Island have stayed pretty much the same which would tend to indicate that demand is steady.

Can we guarantee how well Bear Island is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

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 Bear Island have stayed pretty much the same which would tend to indicate that demand is steady.

Beds Median price (House) Median price (Apartment)
3 bedrooms $194,700
Demographics
  • Population in 20111272
  • Population in 20061215
  • 2006 to 2011 population change (%)4.7
  • Total private dwellings569
  • Private dwellings occupied by usual residents517
  • Population density per square kilometre4.2
  • Land area (square km)301.38