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Salt Springs, NB

Updated: Aug 2016
House
Median price $219,700
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.36%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Salt Springs Home Price

Canada’s national median home listing price this month is $290,900, which means that Salt Springs is close to average for Canada.

When our research team crunched the numbers we calculated that Salt Springs has a median home price of $219,700.

There are 421 neighbourhoods that have more properties on sale than Salt Springs at the moment in New Brunswick which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.

As one of New Brunswick’s many potential real estate investment neighbourhoods, Salt Springs 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.

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 Salt Springs have stayed pretty much the same which would tend to indicate that demand is steady.

Can we guarantee how well Salt Springs 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 Salt Springs there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Demographics
  • Population in 20111306
  • Population in 20061267
  • 2006 to 2011 population change (%)3.1
  • Total private dwellings563
  • Private dwellings occupied by usual residents509
  • Population density per square kilometre6.9
  • Land area (square km)188.55