Canada’s national median home listing price this month is $290,900, which means that Blue Sea is in the bottom 40% for Canada.
The $179,950 price tag on the median Blue Sea home means that it is below the national norm.
There are 1047 neighbourhoods that have more properties on sale than Blue Sea at the moment in Quebec which puts the neighbourhood top 40% when looking at the number of properties to choose from.
When we look at the data we have, it can help with trying to establish whether or not Blue Sea 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 Blue Sea there is more stock than three months ago. This would indicate pressure on prices easing.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Blue Sea will hopefully provide an indicator to help you where to research in-depth
In Blue Sea, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.