Lac-Mégantic was Canada’s 3874th most expensive suburb by listed median house price this month.
Want a cheaply priced house? Then at $149,900 this month, Lac-Mégantic, Quebec is somewhere that you should look at price wise.
Investors looking for properties in Lac-Mégantic are most likely to find 3 bedroom homes on offer this month, with 4 bedroom potential investment properties the second most popular.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Lac-Mégantic has more than the average number to choose from compared to the rest of the province
Will prices rise across the next year in in Lac-Mégantic? There are a number of real estate indicators to consider.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Lac-Mégantic there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
Lac-Mégantic was Canada’s 578th most expensive suburb by listed median house price this month.
When our research team crunched the numbers we calculated that Lac-Mégantic has a median home price of $199,700.
Investors looking for properties in Lac-Mégantic are most likely to find 2 bedroom homes on offer this month, with 3 bedroom potential investment properties the second most popular.
Across Quebec Lac-Mégantic has the 108th most properties on offer with 453.
Can we guarantee how well Lac-Mégantic 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.
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 Lac-Mégantic, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 24, this month we show 30.