Canada’s national median home listing price this month is $290,900, which means that Laurierville is in the cheapest 20% for Canada.
While the median for Quebec is $224,900 , which means that Laurierville’s median price is $97,500 a lot lower than the rest of the province.
Laurierville’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 4 bedrooms.
There are 1047 neighbourhoods that have more properties on sale than Laurierville at the moment in Quebec which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.
It’s never an exact art, but to try to forecast how property is going to appreciate in Laurierville 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 Laurierville there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
The median asking price in Laurierville is $127,000, quite a drop from the median three months ago which was $127,000 .
While the median for Quebec is $198,000 , which means that Laurierville’s median price is $127,000 a lot lower than the rest of the province.
Quebec has the most amount of properties available to property investors, with Laurierville having 373th most in the province, out of a total of 453.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Laurierville will hopefully provide an indicator to help you where to research in-depth
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 Laurierville have stayed pretty much the same which would tend to indicate that demand is steady.