The median asking price in Waterloo is $209,000, pretty close to the median three months ago which was $199,900 .
The $209,000 price tag on the median Waterloo home means that it is about average price.
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.
This month we track 203th neighbourhoods in Quebec, and Waterloo has the 203th most choice available for real estate investors.
As one of Quebec’s many potential real estate investment neighbourhoods, Waterloo 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.
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 Waterloo, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 57, this month we show 47.
When looking across the province, Waterloo is the 256th most expensive in Quebec.
The $179,000 price tag on the median Waterloo home means that it is below the national norm.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
Across Quebec Waterloo has the 124th most properties on offer with 453.
Quebec has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
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 Waterloo have increased which would tend to indicate that demand is not as high as supply.