6 Montreal Neighborhoods To Watch in March 2019
Which Montreal real estate neighborhoods should buyers and investors watch towards the end of 2019’s first quarter? To determine market desirability we looked at up-and-coming areas with low median prices and high appreciation rates. All data cited in this article is sourced from Centris statistics for the last four months of 2018.
Average prices on Montreal Island are currently recorded at $319,500 (appreciation rate of +2%) for condominiums, $495,000 (+6%) for single family homes, and $565,000 (+5%)for ‘plexes.
Appreciation rates are calculated in relation to the same quarter of the previous year.
Condos: Anjou
- Median price: $235,500
- Appreciation rate: 21%
Condos: Cote St Luc
- Median price: $355,000
- Appreciation rate: 15%
Single Family Homes: Dollard-des-Ormeaux
- Median price: $475,000
- Appreciation rate: 16 %
Single Family Homes: Lachine
- Median price: $440,000
- Appreciation rate: 13 %
Plexes: Lachine
- Median price: $440,000
- Appreciation rate: 13 %
Plexes: South West
- Median price: $566,000
- Appreciation rate: 13%
