In Aug the median listed house price of $109,400 in Saint-Marcellin was relatively low compared to the rest of Quebec.
Saint-Marcellin’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 2 bedrooms.
From our data, it appears that neighbourhood is number 1715th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 40.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Saint-Marcellin will hopefully provide an indicator to help you where to research in-depth
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 Saint-Marcellin have increased which would tend to indicate that demand is not as high as supply.
Is Saint-Marcellin a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.