Grenville-sur-la-Rouge was Canada’s 3058th most expensive suburb by listed median house price this month.
The $189,900 price tag on the median Grenville-sur-la-Rouge home means that it is about average price.
Investors looking for properties in Grenville-sur-la-Rouge are most likely to find 3 bedroom homes on offer this month, with 2 bedroom potential investment properties the second most popular.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Grenville-sur-la-Rouge will hopefully provide an indicator to help you where to research in-depth
Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.
While the median for Quebec is $198,000 , which means that Grenville-sur-la-Rouge’s median price is $96,950 a lot lower than the rest of the province.
From our data, it appears that neighbourhood is number 838th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 40.
Will prices rise across the next year in in Grenville-sur-la-Rouge? 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 Grenville-sur-la-Rouge, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 3, this month we show 2.