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Mechanic Settlement, NB

Updated: Jul 2015
House
Median price $219,950
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.27%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Mechanic Settlement Home Price

Last month, Mechanic Settlement was Canada’s 2368th priciest – this month at number 2368 it’s gained 49 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.

Mechanic Settlement, New Brunswick has a median house price of $219,950 when compiling all the home listings in Jul .

This month we track 317th neighbourhoods in New Brunswick, and Mechanic Settlement has the 317th most choice available for real estate investors.

Is Mechanic Settlement a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

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

When we look at the data we have, it can help with trying to establish whether or not Mechanic Settlement is a good investment target.

Beds Median price (House) Median price (Apartment)
3 bedrooms $294,450
Demographics
  • Population in 20111414
  • Population in 20061479
  • 2006 to 2011 population change (%)-4.4
  • Total private dwellings737
  • Private dwellings occupied by usual residents583
  • Population density per square kilometre4.5
  • Land area (square km)311.72