Real Estate Market Report for
South Stormont, ON

Updated : Aug 2016
House
  • Median price $300,000
  • Monthly growth
  • Quarterly trend
  • Stock on market 0.18%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
South Stormont Home Price

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The median asking price in South Stormont is $300,000, an improvement on the median three months ago which was $269,500 .

With South Stormont’s median house price at $300,000 in Aug , it is about average compared to the rest of Ontario.

There are 1145 neighbourhoods that have more properties on sale than South Stormont at the moment in Ontario which puts the neighbourhood middle range when looking at the number of properties to choose from.

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

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 South Stormont, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 6, this month we show 9.

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

Over the last three months in South Stormont, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

Beds Median price (House) Median price (Apartment)
3 bedrooms $294,000
Demographics
  • Population in 201112617
  • Population in 200612520
  • 2006 to 2011 population change (%)0.8
  • Total private dwellings4991
  • Private dwellings occupied by usual residents4797
  • Population density per square kilometre28.2
  • Land area (square km)447.5
  • Age Characteristics
    Total population by age groups 12615
    0 to 4 years 615
    5 to 9 years 605
    10 to 14 years 755
    15 to 19 years 990
    15 years 200
    16 years 190
    17 years 200
    18 years 195
    19 years 200
    20 to 24 years 605
    25 to 29 years 520
    30 to 34 years 625
    35 to 39 years 655
    40 to 44 years 830
    45 to 49 years 1165
    50 to 54 years 1215
    55 to 59 years 1065
    60 to 64 years 955
    65 to 69 years 670
    70 to 74 years 525
    75 to 79 years 370
    80 to 84 years 225
    85 years and over 230
    Median age of the population 45.5
    % of the population aged 15 and over 84.3
  • Marital Status
    Total population 15 years and over by marital status 10640
    Married or living with a common-law partner 7210
    Married (and not separated) 6270
    Living common-law 940
    Not married and not living with a common-law partner 3435
    Single (never legally married) 2240
    Separated 255
    Divorced 380
    Widowed 555
    Family Characteristics
    Total number of census families in private households 3960
    Size of census family: 2 persons 2100
    Size of census family: 3 persons 775
    Size of census family: 4 persons 800
    Size of census family: 5 or more persons 285
    Total number of census families in private households 3960
    Total couple families by family structure and number of children 3560
    Married couples 3090
    Without children at home 1590
    With children at home 1495
    1 child 570
    2 children 695
    3 or more children 235
    Common-law couples 465
    Without children at home 255
    With children at home 215
    1 child 95
    2 children 75
    3 or more children 40
    Total lone-parent families by sex of parent and number of children 400
    Female parent 285
    1 child 170
    2 children 95
    3 or more children 30
    Male parent 115
    1 child 85
    2 children 20
    3 or more children 5
    Total children in census families in private households 3710
    Under six years of age 725
    6 to 14 years 1220
    15 to 17 years 580
    18 to 24 years 860
    25 years and over 330
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 12425
    Number of persons not in census families 1195
    Living with relatives 195
    Living with non-relatives only 160
    Living alone 840
    Number of census family persons 11230
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 1870
    Number of persons not in census families aged 65 years and over 475
    Living with relatives 85
    Living with non-relatives only 25
    Living alone 365
    Number of census family persons aged 65 years and over 1400
    Total number of private households by household type 4795
    Census-family households 3885
    One-family-only households 3635
    Couple-family households 3335
    Without children 1730
    With children 1605
    Lone-parent-family households 300
    Other family households 245
    One-family households with persons not in a census family 170
    Couple-family households 125
    Without children 55
    With children 70
    Lone-parent-family households 45
    Two-or-more-family households 75
    Non-census-family households 915
    One-person households 845
    Two-or-more-person households 70
    Total number of occupied private dwellings by structural type of dwelling 4795
    Single-detached house 4455
    Apartment, building that has five or more storeys 0
    Movable dwelling 55
    Other dwelling 290
    Semi-detached house 45
    Row house 55
    Apartment, duplex 20
    Apartment, building that has fewer than five storeys 170
    Other single-attached house 5
    Total number of private households by household size 4800
    1 person 845
    2 persons 1980
    3 persons 790
    4 persons 815
    5 persons 265
    6 or more persons 100
    Number of persons in private households 12425
    Average number of persons in private households 2.6
Census 2011

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