Farnham was Canada’s 2688th most expensive suburb by listed median house price this month.
The $212,250 price tag on the median Farnham home means that it is about average price.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
According to our stats, Farnham is the neighbourhood that has the 146th most properties available to real estate investors in Quebec.
Is Farnham a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
If you are looking at investment properties in Farnham, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.
When looking across the province, Farnham is the 318th most expensive in Quebec.
When our research team crunched the numbers we calculated that Farnham has a median home price of $159,000.
In province, the most common property on the listings this month has 2 bedrooms, in this neighbourhood it’s 2.
From our data, it appears that neighbourhood is number 196th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 20.
Can we guarantee how well Farnham 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.
The amount of homes for sale in neighbourhood has increased over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also slipped.