Portneuf was Canada’s 3214th most expensive suburb by listed median house price this month.
Portneuf, Quebec has a median house price of $184,450 when compiling all the home listings in Aug .
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Portneuf has more than the average number to choose from compared to the rest of the province
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Portneuf will hopefully provide an indicator to help you where to research in-depth
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Portneuf there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
Across the nation CREW lists data for 1054 neighbourhoods, and this month Portneuf is number 746 putting it in the bottom half of the country .
While the median for Quebec is $198,000 , which means that Portneuf’s median price is $171,500 below average than the rest of the province.
3 bedroom properties are the most common available for real estate investors this month in neighbourhood.
There are 453 neighbourhoods that have more properties on sale than Portneuf at the moment in Quebec which puts the neighbourhood middle range when looking at the number of properties to choose from.
Will prices rise across the next year in in Portneuf? There are a number of real estate indicators to consider.
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.