Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Hillsborough Home Price
With a median listing price of $119,700, Hillsborough is Canada’s 4456th most expensive when ordered by median listing price.
With Hillsborough’s median house price at $119,700 in Aug , it is below average compared to the rest of New Brunswick.
Hillsborough’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
According to our stats, Hillsborough is the neighbourhood that has the 57th most properties available to real estate investors in New Brunswick.
As one of New Brunswick’s many potential real estate investment neighbourhoods, Hillsborough needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
If you are looking at investment properties in Hillsborough, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Hillsborough have stayed pretty much the same which would tend to indicate that demand is steady.
Corresponding census subdivisions are provided for the following place names where data is not available.
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