Mercier, QC

Updated: Aug 2016
House
Median price $254,000
Monthly growth
Quarterly trend
Stock on market 1.17%
Apartment
Median price $214,000
Monthly growth 96.51 %
Quarterly trend
Stock on market 7.52%

Mercier Home Price

With a median listing price of $254,000, Mercier is Canada’s 2023th most expensive when ordered by median listing price.

When our research team crunched the numbers we calculated that Mercier has a median home price of $254,000.

Investors looking for properties in Mercier are most likely to find 3 bedroom homes on offer this month, with 2 bedroom potential investment properties the second most popular.

Quebec has the second most amount of properties available to property investors, with Mercier having 190th most in the province, out of a total of 1047.

As one of Quebec’s many potential real estate investment neighbourhoods, Mercier 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.

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 Mercier have increased which would tend to indicate that demand is not as high as supply.

Mercier was Canada’s 512th most expensive suburb by listed median house price this month.

With Mercier’s median house price at $214,000 in Aug , it is above average compared to the rest of Quebec.

Investors looking for properties in Mercier are most likely to find 2 bedroom homes on offer this month, with 1 bedroom potential investment properties the second most popular.

Will prices rise across the next year in in Mercier? There are a number of real estate indicators to consider.

In Mercier, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.

Beds Median price (House) Median price (Apartment)
1 bedroom $188,400
2 bedrooms $274,000 $219,000
3 bedrooms $274,000 $259,900
4 bedrooms $212,300
5 bedrooms $272,000
Demographics

Corresponding census subdivisions are provided for the following place names where data is not available.