Port-Cartier, QC

Updated: Aug 2016
House
Median price $179,000
Monthly growth -2.98 %
Quarterly trend
Stock on market 3.14%
Apartment
Median price $206,000
Monthly growth 7.85 %
Quarterly trend
Stock on market 0.16%

Port-Cartier Home Price

Port-Cartier was Canada’s 3320th most expensive suburb by listed median house price this month.

The $179,000 price tag on the median Port-Cartier home means that it is below the national norm.

Investors looking for properties in Port-Cartier are most likely to find 3 bedroom homes on offer this month, with 4 bedroom potential investment properties the second most popular.

The number of homes for sale this month in the neighbourhood is close to last month at 1047 in Aug .

Is Port-Cartier a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

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 Port-Cartier, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 101, this month we show 97.

When looking across the province, Port-Cartier is the 154th most expensive in Quebec.

Port-Cartier, Quebec has a median house price of $206,000 when compiling all the home listings in Aug .

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Port-Cartier has a pretty average amount compared to the rest of the province

As one of Quebec’s many potential real estate investment neighbourhoods, Port-Cartier 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.

In Port-Cartier, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.

Beds Median price (House) Median price (Apartment)
2 bedrooms $147,000
3 bedrooms $159,500 $176,000
4 bedrooms $191,750
5 bedrooms $206,750
6 bedrooms $217,000
Demographics
  • Population in 20116651
  • Population in 20066758
  • 2006 to 2011 population change (%)-1.6
  • Total private dwellings3093
  • Private dwellings occupied by usual residents2879
  • Population density per square kilometre6
  • Land area (square km)1101.31