Across the country as a whole, Matapédia is in the lowest priced 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
The $153,900 price tag on the median Matapédia home means that it is below the national norm.
Quebec has the second most amount of properties available to property investors, with Matapédia having 930th most in the province, out of a total of 1047.
As one of Quebec’s many potential real estate investment neighbourhoods, Matapédia 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.
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 Matapédia have stayed pretty much the same which would tend to indicate that demand is steady.
Can we guarantee how well Matapédia 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.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.