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Chance Harbour, NB

Updated: Aug 2016
House
Median price $184,900
Monthly growth 8.82 %
Quarterly trend
Stock on market 0.53%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Chance Harbour Home Price

Across the nation CREW lists data for 5162 neighbourhoods, and this month Chance Harbour is number 3190 putting it in the bottom half of the country .

When our research team crunched the numbers we calculated that Chance Harbour has a median home price of $184,900.

There are 421 neighbourhoods that have more properties on sale than Chance Harbour at the moment in New Brunswick which puts the neighbourhood middle range 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 Chance Harbour is a good investment target.

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 Chance Harbour, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 5, this month we show 3.

Can we guarantee how well Chance 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.

In Chance Harbour, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.

Beds Median price (House) Median price (Apartment)
2 bedrooms $162,400
Demographics
  • Population in 20111200
  • Population in 20061235
  • 2006 to 2011 population change (%)-2.8
  • Total private dwellings564
  • Private dwellings occupied by usual residents499
  • Population density per square kilometre5.1
  • Land area (square km)235.54