Canada’s national median home listing price this month is $319,900, which means that Saint-André-du-Lac-Saint-Jean is in the cheapest 20% for Canada.
The $86,500 price tag on the median Saint-André-du-Lac-Saint-Jean home means that it is very cheap in comparison to the rest of the nation.
Will prices rise across the next year in in Saint-André-du-Lac-Saint-Jean? There are a number of real estate indicators to consider.
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 Saint-André-du-Lac-Saint-Jean, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 3, this month we show 2.
As one of Quebec’s many potential real estate investment neighbourhoods, Saint-André-du-Lac-Saint-Jean 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.
If you are looking at investment properties in Saint-André-du-Lac-Saint-Jean, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.