Canada’s national median home listing price this month is $290,900, which means that Desbiens is in the cheapest 20% for Canada.
While the median for Quebec is $224,900 , which means that Desbiens’s median price is $84,450 a lot lower than the rest of the province.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
There are 1047 neighbourhoods that have more properties on sale than Desbiens at the moment in Quebec which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.
Will prices rise across the next year in in Desbiens? There are a number of real estate indicators to consider.
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Desbiens, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 9, this month we show 8.
Across the nation CREW lists data for 1054 neighbourhoods, and this month Desbiens is number 1031 putting it behind most of Canada .
The median house price listed in Desbiens this month is $72,950.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Desbiens has not many at all compared to the rest of the province
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 Desbiens there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.