Across the country as a whole, Saint-Norbert 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 Saint-Norbert has a median home price of $154,900.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
From our data, it appears that neighbourhood is number 1795th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 40.
Will prices rise across the next year in in Saint-Norbert? There are a number of real estate indicators to consider.
In Saint-Norbert, 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.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
As one of Quebec’s many potential real estate investment neighbourhoods, Saint-Norbert 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.
Over the last three months in Saint-Norbert, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.