Across the nation CREW lists data for 5162 neighbourhoods, and this month Shawinigan is number 3874 putting it behind most of Canada .
Want a cheaply priced house? Then at $149,900 this month, Shawinigan, Quebec is somewhere that you should look at price wise.
Investors looking for properties in Shawinigan are most likely to find 3 bedroom homes on offer this month, with 4 bedroom potential investment properties the second most popular.
This month we track 59th neighbourhoods in Quebec, and Shawinigan has the 59th most choice available for real estate investors.
Is Shawinigan a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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 Shawinigan, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 164, this month we show 153.
Canada’s national median home listing price this month is $244,900, which means that Shawinigan is in the cheapest 20% for Canada.
Shawinigan, Quebec has a median house price of $141,400 when compiling all the home listings in Aug .
Shawinigan’s most common listing this month is 2 bedroom properties, less than province’s most common offering of 2 bedrooms.
According to our stats, Shawinigan is the neighbourhood that has the 35th most properties available to real estate investors in Quebec.
When we look at the data we have, it can help with trying to establish whether or not Shawinigan is a good investment target.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Shawinigan there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.