The $238,900 price tag on the median Montréal-Est home means that it is about average price.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
Quebec has the second most amount of properties available to property investors, with Montréal-Est having 703th most in the province, out of a total of 1047.
Is Montréal-Est a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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 Montréal-Est have increased which would tend to indicate that demand is not as high as supply.
Montréal-Est was Canada’s 339th most expensive suburb by listed median house price this month.
Montréal-Est, Quebec has a median house price of $255,000 when compiling all the home listings in Aug .
According to our stats, Montréal-Est is the neighbourhood that has the 74th most properties available to real estate investors in Quebec.
When we look at the data we have, it can help with trying to establish whether or not Montréal-Est is a good investment target.
Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.