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Upper Cape, NB

Updated: Aug 2016
House
Median price $309,900
Monthly growth 362.88 %
Quarterly trend
Stock on market 0.26%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Upper Cape Home Price

Across the country as a whole, Upper Cape is in the Top 40% when all of Canada’s suburbs are listed in order of real estate listing prices.

The median house price listed in Upper Cape this month is $309,900.

Upper Cape’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.

This month we track 224th neighbourhoods in New Brunswick, and Upper Cape has the 224th most choice available for real estate investors.

It’s never an exact art, but to try to forecast how property is going to appreciate in Upper Cape for investors, it’s important to look at data like:

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Upper Cape, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 3, this month we show 3.

Will prices rise across the next year in in Upper Cape? There are a number of real estate indicators to consider.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Upper Cape there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Beds Median price (House) Median price (Apartment)
3 bedrooms $414,900
Demographics
  • Population in 20111074
  • Population in 20061203
  • 2006 to 2011 population change (%)-10.7
  • Total private dwellings1160
  • Private dwellings occupied by usual residents490
  • Population density per square kilometre3.5
  • Land area (square km)304