Across the country as a whole, Pointe-du-Lac is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.
The $246,500 price tag on the median Pointe-du-Lac home means that it is about average price.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 4.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Pointe-du-Lac has not many at all compared to the rest of the province
Will prices rise across the next year in in Pointe-du-Lac? There are a number of real estate indicators to consider.
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 Pointe-du-Lac, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 63, this month we show 4.
When we look at the data we have, it can help with trying to establish whether or not Pointe-du-Lac is a good investment target.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Pointe-du-Lac there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.