With a median listing price of $199,900, Ville-Marie is Canada’s 2860th most expensive when ordered by median listing price.
In Aug the median listed house price of $199,900 in Ville-Marie was an above average compared to the rest of Quebec.
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.
From our data, it appears that neighbourhood is number 1132th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 30.
As one of Quebec’s many potential real estate investment neighbourhoods, Ville-Marie 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Ville-Marie there is more stock than three months ago. This would indicate pressure on prices easing.
The median asking price in Ville-Marie is $207,000, pretty close to the median three months ago which was $399,000 .
The $207,000 price tag on the median Ville-Marie home means that it is about average price.
In province, the most common property on the listings this month has 2 bedrooms, in this neighbourhood it’s 1.
There are 453 neighbourhoods that have more properties on sale than Ville-Marie at the moment in Quebec which puts the neighbourhood in the top 20% when looking at the number of properties to choose from.
Is Ville-Marie 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 Ville-Marie, housing stock available seems to be falling – this could mean that homes values might increase faster.