Across the nation CREW lists data for 5162 neighbourhoods, and this month Béthanie is number 703 putting it ahead of most neighbourhoods .
With Béthanie’s median house price at $412,450 in Aug , it is high priced compared to the rest of Quebec.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
This month we track 997th neighbourhoods in Quebec, and Béthanie has the 997th most choice available for real estate investors.
When we look at the data we have, it can help with trying to establish whether or not Béthanie is a good investment target.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Béthanie there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
Can we guarantee how well Béthanie 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.
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.