Across the country as a whole, Palmarolle is in the lowest priced 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
Palmarolle, Quebec has a median house price of $174,000 when compiling all the home listings in Aug .
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 Palmarolle 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 Palmarolle, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 13, this month we show 9.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
Is Palmarolle a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.