With a median listing price of $425,000, Chelsea is Canada’s 637th most expensive when ordered by median listing price.
Want a cheaply priced house? Then at $425,000 this month, Chelsea, Quebec is definitely not for you price wise.
Chelsea’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
It’s never an exact art, but to try to forecast how property is going to appreciate in Chelsea for investors, it’s important to look at data like:
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 Chelsea have dried up which would tend to indicate that demand is higher than the supply of new properties.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
Will prices rise across the next year in in Chelsea? There are a number of real estate indicators to consider.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Chelsea there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.