Kingsbury was Canada’s 2121th most expensive suburb by listed median house price this month.
When our research team crunched the numbers we calculated that Kingsbury has a median home price of $248,000.
Kingsbury’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
Across Quebec Kingsbury has the 746th most properties on offer with 1047.
As one of Quebec’s many potential real estate investment neighbourhoods, Kingsbury 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.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Kingsbury have dried up which would tend to indicate that demand is higher than the supply of new properties.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
When we look at the data we have, it can help with trying to establish whether or not Kingsbury is a good investment target.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Kingsbury there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.