Granby, QC

Updated: Aug 2016
House
Median price $229,500
Monthly growth 131.23 %
Quarterly trend
Stock on market 1.38%
Apartment
Median price $204,900
Monthly growth 95.14 %
Quarterly trend
Stock on market 0.76%

Granby Home Price

The median asking price in Granby is $229,500, pretty close to the median three months ago which was $225,299 .

When our research team crunched the numbers we calculated that Granby has a median home price of $229,500.

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

There are 1047 neighbourhoods that have more properties on sale than Granby at the moment in Quebec which puts the neighbourhood in the top 20% when looking at the number of properties to choose from.

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.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Granby there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.

When looking across the province, Granby is the 157th most expensive in Quebec.

The median house price listed in Granby this month is $204,900.

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

From our data, it appears that neighbourhood is number 34th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 10.

As one of Quebec’s many potential real estate investment neighbourhoods, Granby needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.

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.

Beds Median price (House) Median price (Apartment)
1 bedroom $189,950 $232,400
2 bedrooms $190,900 $179,900
3 bedrooms $229,900 $239,900
4 bedrooms $238,000 $259,450
5 bedrooms $259,900
6 bedrooms $359,000
Demographics
  • Population in 201163433
  • Population in 200659385
  • 2006 to 2011 population change (%)6.8
  • Total private dwellings29131
  • Private dwellings occupied by usual residents28223
  • Population density per square kilometre415.3
  • Land area (square km)152.72