Across the country as a whole, Quesnel is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.
While the median for British Columbia is $519,000 , which means that Quesnel’s median price is $249,900 better than average than the rest of the province.
Quesnel’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
There are 359 neighbourhoods that have more properties on sale than Quesnel at the moment in British Columbia which puts the neighbourhood in the top 20% when looking at the number of properties to choose from.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Quesnel will hopefully provide an indicator to help you where to research in-depth
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 Quesnel have dried up which would tend to indicate that demand is higher than the supply of new properties.
Canada’s national median home listing price this month is $244,900, which means that Quesnel is in the cheapest 20% for Canada.
When our research team crunched the numbers we calculated that Quesnel has a median home price of $94,700.
If you’re looking at investment properties in Quesnel, then you’re most likely to find homes with 2 bedrooms on sale this month.
It’s never an exact art, but to try to forecast how property is going to appreciate in Quesnel for investors, it’s important to look at data like:
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.