When looking across the province, Lac-Sainte-Marie is the 370th most expensive in Quebec.
In Aug the median listed house price of $207,000 in Lac-Sainte-Marie was an above average compared to the rest of Quebec.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
This month we track 312th neighbourhoods in Quebec, and Lac-Sainte-Marie has the 312th most choice available for real estate investors.
It’s never an exact art, but to try to forecast how property is going to appreciate in Lac-Sainte-Marie for investors, it’s important to look at data like:
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Lac-Sainte-Marie there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
With Lac-Sainte-Marie’s median house price at $155,000 in Aug , it is below average compared to the rest of Quebec.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
There are 453 neighbourhoods that have more properties on sale than Lac-Sainte-Marie at the moment in Quebec which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.
When we look at the data we have, it can help with trying to establish whether or not Lac-Sainte-Marie is a good investment target.
Over the last three months in Lac-Sainte-Marie, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.