Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Beaver Harbour Home Price
Beaver Harbour was Canada’s 4669th most expensive suburb by listed median house price this month.
When our research team crunched the numbers we calculated that Beaver Harbour has a median home price of $101,750.
3 bedroom properties are the most common available for real estate investors this month in neighbourhood.
There are 421 neighbourhoods that have more properties on sale than Beaver Harbour at the moment in New Brunswick which puts the neighbourhood top 40% when looking at the number of properties to choose from.
Can we guarantee how well Beaver Harbour 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.
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 Beaver Harbour, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 8, this month we show 6.
Over the last three months in Beaver Harbour, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
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