Martinville was Canada’s 3542th most expensive suburb by listed median house price this month.
The $169,000 price tag on the median Martinville home means that it is below the national norm.
According to our stats, Martinville is the neighbourhood that has the 930th most properties available to real estate investors in Quebec.
As one of Quebec’s many potential real estate investment neighbourhoods, Martinville 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.
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.
It’s never an exact art, but to try to forecast how property is going to appreciate in Martinville for investors, it’s important to look at data like:
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Martinville there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.