Canada’s national median home listing price this month is $290,900, which means that Pierreville is in the cheapest 20% for Canada.
The median house price listed in Pierreville this month is $127,400.
Pierreville’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 2 bedrooms.
According to our stats, Pierreville is the neighbourhood that has the 365th most properties available to real estate investors in Quebec.
Is Pierreville a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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 Pierreville, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 34, this month we show 24.
When our research team crunched the numbers we calculated that Pierreville has a median home price of $141,950.
In province, the most common property on the listings this month has 2 bedrooms, in this neighbourhood it’s 3.
According to our stats, Pierreville is the neighbourhood that has the 268th most properties available to real estate investors in Quebec.
As one of Quebec’s many potential real estate investment neighbourhoods, Pierreville needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
Over the last three months in Pierreville, housing stock available seems to be falling – this could mean that homes values might increase faster.