When we look at the data we have, it can help with trying to establish whether or not Saint-Bruno-de-Montarville is a good investment target.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.
Across the country as a whole, Saint-Bruno-de-Montarville is in the lowest priced 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
The median house price listed in Saint-Bruno-de-Montarville this month is $187,250.
In province, the most common property on the listings this month has 2 bedrooms, in this neighbourhood it’s 2.
According to our stats, Saint-Bruno-de-Montarville is the neighbourhood that has the 210th most properties available to real estate investors in Quebec.
As one of Quebec’s many potential real estate investment neighbourhoods, Saint-Bruno-de-Montarville 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.
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-Bruno-de-Montarville, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 65, this month we show 8.