Across the country as a whole, Saint-Théophile is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
With Saint-Théophile’s median house price at $87,950 in Aug , it is one of the cheapest neighbourhoods compared to the rest of Quebec.
From our data, it appears that neighbourhood is number 2634th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 50.
It’s never an exact art, but to try to forecast how property is going to appreciate in Saint-Théophile for investors, it’s important to look at data like:
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-Théophile, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 6, this month we show 6.
Is Saint-Théophile a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
If you are looking at investment properties in Saint-Théophile, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.