The median house price listed in Saint-Siméon this month is $159,000.
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.
Across Quebec Saint-Siméon has the 269th most properties on offer with 1047.
Will prices rise across the next year in in Saint-Siméon? There are a number of real estate indicators to consider.
The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.
The median asking price in Saint-Siméon is $124,900, quite a drop from the median three months ago which was $127,500 .
The $124,900 price tag on the median Saint-Siméon home means that it is very cheap in comparison to the rest of the nation.
Saint-Siméon’s most common listing this month is 2 bedroom properties, less than province’s most common offering of 4 bedrooms.
Quebec has the most amount of properties available to property investors, with Saint-Siméon having 243th most in the province, out of a total of 453.
Can we guarantee how well Saint-Siméon 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Saint-Siméon there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.