Canada’s national median home listing price this month is $290,900, which means that Baie-Sainte-Catherine is in the bottom 40% for Canada.
The $174,500 price tag on the median Baie-Sainte-Catherine home means that it is below the national norm.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Baie-Sainte-Catherine has fewer than average compared to the rest of the province
As one of Quebec’s many potential real estate investment neighbourhoods, Baie-Sainte-Catherine 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 Baie-Sainte-Catherine there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
Quebec has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
If you are looking at investment properties in Baie-Sainte-Catherine, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.