The median asking price in Sainte-Dorothée is $394,000, a substantial increase over the median three months ago which was $399,000 .
Sainte-Dorothée, Quebec has a median house price of $394,000 when compiling all the home listings in Aug .
There are 1047 neighbourhoods that have more properties on sale than Sainte-Dorothée at the moment in Quebec which puts the neighbourhood in the top 20% when looking at the number of properties to choose from.
As one of Quebec’s many potential real estate investment neighbourhoods, Sainte-Dorothée 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.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Sainte-Dorothée have dried up which would tend to indicate that demand is higher than the supply of new properties.
Across the nation CREW lists data for 1054 neighbourhoods, and this month Sainte-Dorothée is number 397 putting it in the top half of the country .
While the median for Quebec is $198,000 , which means that Sainte-Dorothée’s median price is $239,000 better than average than the rest of the province.
In province, the most common property on the listings this month has 2 bedrooms, in this neighbourhood it’s 2.
From our data, it appears that neighbourhood is number 171th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 20.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Sainte-Dorothée will hopefully provide an indicator to help you where to research in-depth
In Sainte-Dorothée, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.