Across the country as a whole, Sherbrooke is in the lowest priced 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
The $150,000 price tag on the median Sherbrooke home means that it is below the national norm.
Nova Scotia has the fifth most amount of properties available to property investors, with Sherbrooke having 264th most in the province, out of a total of 825.
Can we guarantee how well Sherbrooke is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.
When we look at the data we have, it can help with trying to establish whether or not Sherbrooke is a good investment target.
If you are looking at investment properties in Sherbrooke, 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.