The median asking price in Lachine is $204,000, pretty close to the median three months ago which was $389,000 .
With Lachine’s median house price at $204,000 in Aug , it is above average compared to the rest of Quebec.
According to our stats, Lachine is the neighbourhood that has the 873th most properties available to real estate investors in Quebec.
As one of Quebec’s many potential real estate investment neighbourhoods, Lachine 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Lachine there is more stock than three months ago. This would indicate pressure on prices easing.
With Lachine’s median house price at $201,500 in Aug , it is above average compared to the rest of Quebec.
Lachine’s most common listing this month is 2 bedroom properties, less than province’s most common offering of 2 bedrooms.
From our data, it appears that neighbourhood is number 111th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 20.
When we look at the data we have, it can help with trying to establish whether or not Lachine is a good investment target.
Over the last three months in Lachine, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.