The median asking price in Nicolet is $179,900, less than the median three months ago which was $179,000 .
Want a cheaply priced house? Then at $179,900 this month, Nicolet, Quebec is a possibility for you price wise.
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.
This month we track 252th neighbourhoods in Quebec, and Nicolet has the 252th most choice available for real estate investors.
Quebec has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.
Canada’s national median home listing price this month is $244,900, which means that Nicolet is in the cheapest 20% for Canada.
In Aug the median listed house price of $142,400 in Nicolet was relatively low compared to the rest of Quebec.
There are 453 neighbourhoods that have more properties on sale than Nicolet at the moment in Quebec which puts the neighbourhood middle range 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 Nicolet for investors, it’s important to look at data like:
The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.