Across the nation CREW lists data for 5162 neighbourhoods, and this month Mirabel is number 1782 putting it in the top half of the country .
Mirabel, Quebec has a median house price of $274,500 when compiling all the home listings in Aug .
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
Quebec has the second most amount of properties available to property investors, with Mirabel having 29th most in the province, out of a total of 1047.
It’s never an exact art, but to try to forecast how property is going to appreciate in Mirabel for investors, it’s important to look at data like:
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 Mirabel, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 446, this month we show 216.
Across the country as a whole, Mirabel is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.
While the median for Quebec is $198,000 , which means that Mirabel’s median price is $229,900 better than average than the rest of the province.
In province, the most common property on the listings this month has 2 bedrooms, in this neighbourhood it’s 2.
There are 453 neighbourhoods that have more properties on sale than Mirabel at the moment in Quebec which puts the neighbourhood in the top 20% when looking at the number of properties to choose from.
Can we guarantee how well Mirabel 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.
In Mirabel, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.