With a median listing price of $145,000, Métis-sur-Mer is Canada’s 4026th most expensive when ordered by median listing price.
While the median for Quebec is $224,900 , which means that Métis-sur-Mer’s median price is $145,000 a lot lower than the rest of the province.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
When we look at the data we have, it can help with trying to establish whether or not Métis-sur-Mer is a good investment target.
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 Métis-sur-Mer, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 14, this month we show 15.
Can we guarantee how well Métis-sur-Mer 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.