Across the country as a whole, Gracefield is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
While the median for Quebec is $198,000 , which means that Gracefield’s median price is $129,900 a lot lower than the rest of the province.
Gracefield’s most common listing this month is 2 bedroom properties, less than province’s most common offering of 2 bedrooms.
According to our stats, Gracefield is the neighbourhood that has the 243th most properties available to real estate investors in Quebec.
Can we guarantee how well Gracefield 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.
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 Gracefield, 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 5, this month we show 5.