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Williamsburg, NB

Updated: Sep 2015
House
Median price $89,000
Monthly growth -10.91 %
Quarterly trend
Stock on market 0.70%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Williamsburg Home Price

When looking across the province, Williamsburg is the 367th most expensive in New Brunswick.

The $89,000 price tag on the median Williamsburg home means that it is very cheap in comparison to the rest of the nation.

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

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Williamsburg has fewer than average compared to the rest of the province

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

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Williamsburg there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.

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

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

Beds Median price (House) Median price (Apartment)
3 bedrooms $69,450
Demographics
  • Population in 2011903
  • Population in 2006971
  • 2006 to 2011 population change (%)-7
  • Total private dwellings430
  • Private dwellings occupied by usual residents371
  • Population density per square kilometre0.7
  • Land area (square km)1221.88