When our research team crunched the numbers we calculated that Charlesbourg has a median home price of $264,850.
Investors looking for properties in Charlesbourg are most likely to find 3 bedroom homes on offer this month, with 4 bedroom potential investment properties the second most popular.
Quebec has the second most amount of properties available to property investors, with Charlesbourg having 12th most in the province, out of a total of 1047.
It’s never an exact art, but to try to forecast how property is going to appreciate in Charlesbourg for investors, it’s important to look at data like:
The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.
In Aug the median listed house price of $184,900 in Charlesbourg was a below average compared to the rest of Quebec.
In province, the most common property on the listings this month has 2 bedrooms, in this neighbourhood it’s 2.
According to our stats, Charlesbourg is the neighbourhood that has the 8th most properties available to real estate investors in Quebec.
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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Charlesbourg there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.