Across the nation CREW lists data for 5162 neighbourhoods, and this month Pincourt is number 975 putting it ahead of most neighbourhoods .
The median house price listed in Pincourt this month is $359,900.
4 bedroom properties are the most common available for real estate investors this month in neighbourhood.
This month we track 135th neighbourhoods in Quebec, and Pincourt has the 135th most choice available for real estate investors.
When we look at the data we have, it can help with trying to establish whether or not Pincourt is a good investment target.
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 Pincourt, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 102, this month we show 73.
Canada’s national median home listing price this month is $244,900, which means that Pincourt is close to average for Canada.
While the median for Quebec is $198,000 , which means that Pincourt’s median price is $209,000 below average than the rest of the province.
If you’re looking at investment properties in Pincourt, then you’re most likely to find homes with 2 bedrooms on sale this month.
There are 453 neighbourhoods that have more properties on sale than Pincourt at the moment in Quebec which puts the neighbourhood top 40% when looking at the number of properties to choose from.
As one of Quebec’s many potential real estate investment neighbourhoods, Pincourt 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.
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.