Black Point Home Price
When looking across the province, Black Point is the 289th most expensive in New Brunswick.
When our research team crunched the numbers we calculated that Black Point has a median home price of $117,250.
From our data, it appears that neighbourhood is number 4285th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 40.
Is Black Point 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 Black Point, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 2, this month we show 2.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Black Point there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
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