Sainte-Marie was Canada’s 2958th most expensive suburb by listed median house price this month.
When our research team crunched the numbers we calculated that Sainte-Marie has a median home price of $198,250.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
Quebec has the second most amount of properties available to property investors, with Sainte-Marie having 95th most in the province, out of a total of 1047.
As one of Quebec’s many potential real estate investment neighbourhoods, Sainte-Marie 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 Sainte-Marie, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 107, this month we show 102.
Across the country as a whole, Sainte-Marie is in the lowest priced 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
When our research team crunched the numbers we calculated that Sainte-Marie has a median home price of $156,500.
If you’re looking at investment properties in Sainte-Marie, then you’re most likely to find homes with 2 bedrooms on sale this month.
Across Quebec Sainte-Marie has the 201th most properties on offer with 453.
Is Sainte-Marie a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Sainte-Marie there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.