Across the country as a whole, Shannon is in the Top 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
While the median for Quebec is $224,900 , which means that Shannon’s median price is $349,250 considerably better than the rest of the province.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
There are 1047 neighbourhoods that have more properties on sale than Shannon at the moment in Quebec which puts the neighbourhood in the top 20% when looking at the number of properties to choose from.
Will prices rise across the next year in in Shannon? There are a number of real estate indicators to consider.
Over the last three months in Shannon, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.
The median house price listed in Shannon this month is $189,900.
This month we track 243th neighbourhoods in Quebec, and Shannon has the 243th most choice available for real estate investors.
Is Shannon a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Over the last three months in Shannon, housing stock available seems to be falling – this could mean that homes values might increase faster.