Morin-Heights, QC

Updated: Aug 2016
House
Median price $243,450
Monthly growth
Quarterly trend
Stock on market 3.17%
Apartment
Median price $279,450
Monthly growth
Quarterly trend
Stock on market 0.08%

Morin-Heights Home Price

Canada’s national median home listing price this month is $290,900, which means that Morin-Heights is close to average for Canada.

While the median for Quebec is $224,900 , which means that Morin-Heights’s median price is $243,450 better than average than the rest of the province.

Morin-Heights’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.

From our data, it appears that neighbourhood is number 410th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 10.

As one of Quebec’s many potential real estate investment neighbourhoods, Morin-Heights 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 Morin-Heights, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 162, this month we show 76.

Across the nation CREW lists data for 1054 neighbourhoods, and this month Morin-Heights is number 277 putting it in the top half of the country .

While the median for Quebec is $198,000 , which means that Morin-Heights’s median price is $279,450 better than average than the rest of the province.

3 bedroom properties are the most common available for real estate investors this month in neighbourhood.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Morin-Heights has not many at all compared to the rest of the province

As one of Quebec’s many potential real estate investment neighbourhoods, Morin-Heights 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.

Beds Median price (House) Median price (Apartment)
1 bedroom $135,000
2 bedrooms $199,000
3 bedrooms $265,000 $279,450
4 bedrooms $264,450
5 bedrooms $219,000
Demographics
  • Population in 20113925
  • Population in 20063503
  • 2006 to 2011 population change (%)12
  • Total private dwellings2395
  • Private dwellings occupied by usual residents1841
  • Population density per square kilometre69.5
  • Land area (square km)56.47