When looking across the province, Forestville is the 909th most expensive in Quebec.
The $109,000 price tag on the median Forestville home means that it is very cheap in comparison to the rest of the nation.
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, Forestville is the neighbourhood that has the 277th most properties available to real estate investors in Quebec.
Will prices rise across the next year in in Forestville? 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 Forestville there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
Canada’s national median home listing price this month is $244,900, which means that Forestville is in the cheapest 20% for Canada.
Forestville, Quebec has a median house price of $149,000 when compiling all the home listings in Aug .
If you’re looking at investment properties in Forestville, then you’re most likely to find homes with 2 bedrooms on sale this month.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Forestville has fewer than average compared to the rest of the province
It’s never an exact art, but to try to forecast how property is going to appreciate in Forestville for investors, it’s important to look at data like:
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 Forestville, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 3, this month we show 4.