Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Head of Millstream Home Price
Last month, Head of Millstream was Canada’s 3054th priciest – this month at number 3054 it’s gained 530 While month on month that number shouldn’t matter too much, as fluctuation is common, it’s worth checking back regularly to see whether the improvement continues.
Head of Millstream, New Brunswick has a median house price of $182,400 when compiling all the home listings in Aug .
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
There are 470 neighbourhoods that have more properties on sale than Head of Millstream at the moment in New Brunswick which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.
Can we guarantee how well Head of Millstream 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.
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.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
When we look at the data we have, it can help with trying to establish whether or not Head of Millstream is a good investment target.
In Head of Millstream, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
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