Bocabec, NB

Updated: Aug 2016
House
Median price $425,000
Monthly growth 215.04 %
Quarterly trend
Stock on market 2.58%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Bocabec Home Price

In Aug the median listed house price of $425,000 in Bocabec was an impressive compared to the rest of New Brunswick.

If you’re looking at investment properties in Bocabec, then you’re most likely to find homes with 2 bedrooms on sale this month.

New Brunswick has the seventh most amount of properties available to property investors, with Bocabec having 90th most in the province, out of a total of 421.

Can we guarantee how well Bocabec 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.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Bocabec there is more stock than three months ago. This would indicate pressure on prices easing.

New Brunswick has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

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)
2 bedrooms $389,000
4 bedrooms $497,250
Demographics
  • 2006 to 2011 population change (%)-10.3
  • Total private dwellings349
  • Private dwellings occupied by usual residents292
  • Population density per square kilometre2.7
  • Land area (square km)236.88
  • Population in 2011647
  • Population in 2006721