When looking across the province, Armagh is the 885th most expensive in Quebec.
When our research team crunched the numbers we calculated that Armagh has a median home price of $115,000.
Quebec has the second most amount of properties available to property investors, with Armagh having 544th most in the province, out of a total of 1047.
Is Armagh 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 Armagh, housing stock available seems to be falling – this could mean that homes values might increase faster.
Armagh was Canada’s 619th most expensive suburb by listed median house price this month.
In Aug the median listed house price of $191,000 in Armagh was an above average compared to the rest of Quebec.
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.
There are 453 neighbourhoods that have more properties on sale than Armagh at the moment in Quebec which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.
As one of Quebec’s many potential real estate investment neighbourhoods, Armagh 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 Armagh, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 2, this month we show 2.