Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Swan Creek Home Price
The median asking price in Swan Creek is $232,400, pretty close to the median three months ago which was $232,400 .
The median house price listed in Swan Creek this month is $232,400.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
According to our stats, Swan Creek is the neighbourhood that has the 178th most properties available to real estate investors in New Brunswick.
Will prices rise across the next year in in Swan Creek? There are a number of real estate indicators to consider.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
When we look at the data we have, it can help with trying to establish whether or not Swan Creek is a good investment target.
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.
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