When our research team crunched the numbers we calculated that Hampstead has a median home price of $1,298,500.
Hampstead’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 5 bedrooms.
From our data, it appears that neighbourhood is number 685th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 20.
It’s never an exact art, but to try to forecast how property is going to appreciate in Hampstead for investors, it’s important to look at data like:
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.
Hampstead was Canada’s 30th most expensive suburb by listed median house price this month.
When our research team crunched the numbers we calculated that Hampstead has a median home price of $445,000.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
Quebec has the most amount of properties available to property investors, with Hampstead having 190th most in the province, out of a total of 428.
As one of Quebec’s many potential real estate investment neighbourhoods, Hampstead needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
In Hampstead, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.