When looking across the province, Grand-Mère is the 815th most expensive in Quebec.
While the median for Quebec is $224,900 , which means that Grand-Mère’s median price is $137,000 a lot lower than the rest of the province.
From our data, it appears that neighbourhood is number 420th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 10.
Will prices rise across the next year in in Grand-Mère? There are a number of real estate indicators to consider.
The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.
Across the country as a whole, Grand-Mère is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
When our research team crunched the numbers we calculated that Grand-Mère has a median home price of $119,000.
Investors looking for properties in Grand-Mère are most likely to find 3 bedroom homes on offer this month, with 1 bedroom potential investment properties the second most popular.
From our data, it appears that neighbourhood is number 141th 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 Grand-Mère 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.
In Grand-Mère, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.