Château-Richer was Canada’s 2433th most expensive suburb by listed median house price this month.
Château-Richer, Quebec has a median house price of $227,000 when compiling all the home listings in Aug .
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.
According to our stats, Château-Richer is the neighbourhood that has the 259th most properties available to real estate investors in Quebec.
Can we guarantee how well Château-Richer 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.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Château-Richer have dried up which would tend to indicate that demand is higher than the supply of new properties.
When looking across the province, Château-Richer is the 123th most expensive in Quebec.
The $219,000 price tag on the median Château-Richer home means that it is about average price.
If you’re looking at investment properties in Château-Richer, then you’re most likely to find homes with 2 bedrooms on sale this month.
Quebec has the most amount of properties available to property investors, with Château-Richer having 201th most in the province, out of a total of 453.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Château-Richer will hopefully provide an indicator to help you where to research in-depth
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Château-Richer there is more stock than three months ago. This would indicate pressure on prices easing.