Canada’s national median home listing price this month is $290,900, which means that Sheenboro is in the top 40% for Canada.
While the median for Quebec is $224,900 , which means that Sheenboro’s median price is $299,900 better than average than the rest of the province.
If you’re looking at investment properties in Sheenboro, then you’re most likely to find homes with 2 bedrooms on sale this month.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Sheenboro 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 Sheenboro have dried up which would tend to indicate that demand is higher than the supply of new properties.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
When we look at the data we have, it can help with trying to establish whether or not Sheenboro 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 Sheenboro there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.