Lac-Brome, QC

Updated: Aug 2016
House
Median price $385,000
Monthly growth 227.79 %
Quarterly trend
Stock on market 3.66%
Apartment
Median price $230,000
Monthly growth
Quarterly trend
Stock on market 0.86%

Lac-Brome Home Price

When looking across the province, Lac-Brome is the 36th most expensive in Quebec.

In Aug the median listed house price of $385,000 in Lac-Brome was an impressive compared to the rest of Quebec.

3 bedroom properties are the most common available for real estate investors this month in neighbourhood.

From our data, it appears that neighbourhood is number 234th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 10.

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 Lac-Brome there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.

The median asking price in Lac-Brome is $230,000, pretty close to the median three months ago which was $239,000 .

Lac-Brome, Quebec has a median house price of $230,000 when compiling all the home listings in Aug .

Quebec has the most amount of properties available to property investors, with Lac-Brome having 108th most in the province, out of a total of 453.

When we look at the data we have, it can help with trying to establish whether or not Lac-Brome is a good investment target.

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.

Beds Median price (House) Median price (Apartment)
1 bedroom $171,950 $165,000
2 bedrooms $251,500 $209,000
3 bedrooms $349,750 $253,250
4 bedrooms $463,500
5 bedrooms $498,500
6 bedrooms $890,000
Demographics
  • Population in 20115609
  • Population in 20065629
  • 2006 to 2011 population change (%)-0.4
  • Total private dwellings3473
  • Private dwellings occupied by usual residents2527
  • Population density per square kilometre27.3
  • Land area (square km)205.27