When looking across the province, Sherbrooke is the 208th most expensive in Quebec.
Sherbrooke, Quebec has a median house price of $249,000 when compiling all the home listings in Aug .
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 4.
According to our stats, Sherbrooke is the neighbourhood that has the 44th most properties available to real estate investors in Quebec.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Sherbrooke will hopefully provide an indicator to help you where to research in-depth
Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.
Across the nation CREW lists data for 1054 neighbourhoods, and this month Sherbrooke is number 415 putting it in the top half of the country .
While the median for Quebec is $198,000 , which means that Sherbrooke’s median price is $236,850 better than average 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.
As one of Quebec’s many potential real estate investment neighbourhoods, Sherbrooke needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
If you are looking at investment properties in Sherbrooke, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.