Real Estate Market Report for
Lorraine, QC

Updated : Aug 2016
House
  • Median price $276,950
  • Monthly growth
  • Quarterly trend
  • Stock on market 0.85%
Apartment
  • Median price $322,422
  • Monthly growth
  • Quarterly trend
  • Stock on market 0.52%
Lorraine Home Price

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The median asking price in Lorraine is $276,950, an improvement on the median three months ago which was $419,000 .

When our research team crunched the numbers we calculated that Lorraine has a median home price of $276,950.

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 Lorraine has the 312th most choice available for real estate investors.

Is Lorraine a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Lorraine there is more stock than three months ago. This would indicate pressure on prices easing.

Canada’s national median home listing price this month is $244,900, which means that Lorraine is in the top 20% for Canada.

Want a cheaply priced house? Then at $322,422 this month, Lorraine, Quebec is definitely not for you price wise.

If you’re looking at investment properties in Lorraine, then you’re most likely to find homes with 2 bedrooms on sale this month.

From our data, it appears that neighbourhood is number 299th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 30.

It’s never an exact art, but to try to forecast how property is going to appreciate in Lorraine for investors, it’s important to look at data like:

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 Lorraine have dried up which would tend to indicate that demand is higher than the supply of new properties.

Beds Median price (House) Median price (Apartment)
2 bedrooms $323,747
3 bedrooms $254,000
4 bedrooms $306,500
Demographics
  • Population in 20119479
  • Population in 20069613
  • 2006 to 2011 population change (%)-1.4
  • Total private dwellings3294
  • Private dwellings occupied by usual residents3263
  • Population density per square kilometre1570
  • Land area (square km)6.04
  • Age Characteristics
    Total population by age groups 9480
    0 to 4 years 365
    5 to 9 years 665
    10 to 14 years 775
    15 to 19 years 940
    15 years 170
    16 years 175
    17 years 200
    18 years 205
    19 years 185
    20 to 24 years 595
    25 to 29 years 245
    30 to 34 years 305
    35 to 39 years 490
    40 to 44 years 765
    45 to 49 years 970
    50 to 54 years 930
    55 to 59 years 780
    60 to 64 years 625
    65 to 69 years 445
    70 to 74 years 295
    75 to 79 years 145
    80 to 84 years 90
    85 years and over 40
    Median age of the population 42.4
    % of the population aged 15 and over 80.9
  • Marital Status
    Total population 15 years and over by marital status 7670
    Married or living with a common-law partner 5040
    Married (and not separated) 3450
    Living common-law 1590
    Not married and not living with a common-law partner 2630
    Single (never legally married) 2020
    Separated 90
    Divorced 315
    Widowed 205
    Family Characteristics
    Total number of census families in private households 2890
    Size of census family: 2 persons 1190
    Size of census family: 3 persons 610
    Size of census family: 4 persons 770
    Size of census family: 5 or more persons 315
    Total number of census families in private households 2890
    Total couple families by family structure and number of children 2505
    Married couples 1710
    Without children at home 735
    With children at home 980
    1 child 280
    2 children 490
    3 or more children 205
    Common-law couples 795
    Without children at home 275
    With children at home 520
    1 child 180
    2 children 245
    3 or more children 100
    Total lone-parent families by sex of parent and number of children 385
    Female parent 275
    1 child 130
    2 children 110
    3 or more children 30
    Male parent 110
    1 child 60
    2 children 40
    3 or more children 20
    Total children in census families in private households 3555
    Under six years of age 500
    6 to 14 years 1305
    15 to 17 years 545
    18 to 24 years 960
    25 years and over 245
    Average number of children at home per census family 1.2
  • Household And Dwelling Characteristics
    Total number of persons in private households 9475
    Number of persons not in census families 535
    Living with relatives 115
    Living with non-relatives only 55
    Living alone 365
    Number of census family persons 8950
    Average number of persons per census family 3.1
    Total number of persons 65 years and over in private households 1020
    Number of persons not in census families aged 65 years and over 210
    Living with relatives 65
    Living with non-relatives only 5
    Living alone 140
    Number of census family persons aged 65 years and over 805
    Total number of private households by household type 3265
    Census-family households 2865
    One-family-only households 2750
    Couple-family households 2400
    Without children 955
    With children 1445
    Lone-parent-family households 345
    Other family households 120
    One-family households with persons not in a census family 90
    Couple-family households 65
    Without children 20
    With children 45
    Lone-parent-family households 25
    Two-or-more-family households 25
    Non-census-family households 395
    One-person households 365
    Two-or-more-person households 30
    Total number of occupied private dwellings by structural type of dwelling 3265
    Single-detached house 2950
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 315
    Semi-detached house 85
    Row house 140
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 80
    Other single-attached house 0
    Total number of private households by household size 3260
    1 person 365
    2 persons 1145
    3 persons 620
    4 persons 785
    5 persons 275
    6 or more persons 70
    Number of persons in private households 9480
    Average number of persons in private households 2.9
Census 2011

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