Once more, open houses are accepted. The new government policy offers a number of choices for real estate agents organising open houses.
Campbellton Home Price
With a median listing price of $99,900, Campbellton is Canada’s 4682th most expensive when ordered by median listing price.
In Aug the median listed house price of $99,900 in Campbellton was relatively low 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.
Can we guarantee how well Campbellton 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 Campbellton there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
Canada’s national median home listing price this month is $244,900, which means that Campbellton is in the cheapest 20% for Canada.
When our research team crunched the numbers we calculated that Campbellton has a median home price of $129,900.
This month we track 9th neighbourhoods in New Brunswick, and Campbellton has the 9th most choice available for real estate investors.
It’s never an exact art, but to try to forecast how property is going to appreciate in Campbellton for investors, it’s important to look at data like:
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 Campbellton, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 5, this month we show 7.
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