Gracefield, QC

Updated: Aug 2016
House
Median price $154,900
Monthly growth 123.03 %
Quarterly trend
Stock on market 3.92%
Apartment
Median price $129,900
Monthly growth 38.63 %
Quarterly trend
Stock on market 0.30%

Gracefield Home Price

Gracefield was Canada’s 3790th most expensive suburb by listed median house price this month.

In Aug the median listed house price of $154,900 in Gracefield was a below average compared to the rest of Quebec.

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

According to our stats, Gracefield is the neighbourhood that has the 151th most properties available to real estate investors in Quebec.

Quebec has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.

Across the country as a whole, Gracefield is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.

While the median for Quebec is $198,000 , which means that Gracefield’s median price is $129,900 a lot lower than the rest of the province.

Gracefield’s most common listing this month is 2 bedroom properties, less than province’s most common offering of 2 bedrooms.

According to our stats, Gracefield is the neighbourhood that has the 243th most properties available to real estate investors in Quebec.

Can we guarantee how well Gracefield 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.

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 Gracefield, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 5, this month we show 5.

Beds Median price (House) Median price (Apartment)
1 bedroom $88,950
2 bedrooms $134,500 $131,950
3 bedrooms $174,450
4 bedrooms $285,000
Demographics
  • Population in 20112355
  • Population in 20062439
  • 2006 to 2011 population change (%)-3.4
  • Total private dwellings1685
  • Private dwellings occupied by usual residents1020
  • Population density per square kilometre6.1
  • Land area (square km)386.21