With Saint-Gédéon-de-Beauce’s median house price at $104,900 in Aug , it is one of the cheapest neighbourhoods compared to the rest of Quebec.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
Will prices rise across the next year in in Saint-Gédéon-de-Beauce? 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-Gédéon-de-Beauce, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 14, this month we show 13.
Is Saint-Gédéon-de-Beauce 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 Saint-Gédéon-de-Beauce there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.