Real Estate Market Report for
Watford, ON

Updated : Aug 2016
House
  • Median price $156,900
  • Monthly growth 20.78 %
  • Quarterly trend
  • Stock on market 0.84%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Watford Home Price

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Canada’s national median home listing price this month is $290,900, which means that Watford is in the bottom 40% for Canada.

With Watford’s median house price at $156,900 in Aug , it is one of the cheapest neighbourhoods compared to the rest of Ontario.

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

Is Watford 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 Watford, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 8, this month we show 12.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.

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

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

Beds Median price (House) Median price (Apartment)
3 bedrooms $132,400
4 bedrooms $189,900
Demographics
  • Population in 20113717
  • Population in 20063945
  • 2006 to 2011 population change (%)-5.8
  • Total private dwellings1434
  • Private dwellings occupied by usual residents1358
  • Population density per square kilometre12.8
  • Land area (square km)290.2
  • Age Characteristics
    Total population by age groups 3715
    0 to 4 years 215
    5 to 9 years 235
    10 to 14 years 270
    15 to 19 years 290
    15 years 55
    16 years 60
    17 years 70
    18 years 55
    19 years 55
    20 to 24 years 220
    25 to 29 years 175
    30 to 34 years 210
    35 to 39 years 200
    40 to 44 years 245
    45 to 49 years 280
    50 to 54 years 305
    55 to 59 years 280
    60 to 64 years 235
    65 to 69 years 160
    70 to 74 years 115
    75 to 79 years 90
    80 to 84 years 90
    85 years and over 95
    Median age of the population 40.7
    % of the population aged 15 and over 80.7
  • Marital Status
    Total population 15 years and over by marital status 2995
    Married or living with a common-law partner 1870
    Married (and not separated) 1680
    Living common-law 190
    Not married and not living with a common-law partner 1125
    Single (never legally married) 730
    Separated 85
    Divorced 120
    Widowed 200
    Family Characteristics
    Total number of census families in private households 1020
    Size of census family: 2 persons 480
    Size of census family: 3 persons 190
    Size of census family: 4 persons 190
    Size of census family: 5 or more persons 165
    Total number of census families in private households 1020
    Total couple families by family structure and number of children 910
    Married couples 820
    Without children at home 365
    With children at home 455
    1 child 130
    2 children 170
    3 or more children 145
    Common-law couples 95
    Without children at home 55
    With children at home 40
    1 child 20
    2 children 5
    3 or more children 10
    Total lone-parent families by sex of parent and number of children 105
    Female parent 75
    1 child 40
    2 children 25
    3 or more children 15
    Male parent 35
    1 child 20
    2 children 10
    3 or more children 0
    Total children in census families in private households 1245
    Under six years of age 255
    6 to 14 years 455
    15 to 17 years 180
    18 to 24 years 260
    25 years and over 100
    Average number of children at home per census family 1.2
  • Household And Dwelling Characteristics
    Total number of persons in private households 3600
    Number of persons not in census families 420
    Living with relatives 35
    Living with non-relatives only 70
    Living alone 315
    Number of census family persons 3180
    Average number of persons per census family 3.1
    Total number of persons 65 years and over in private households 455
    Number of persons not in census families aged 65 years and over 135
    Living with relatives 15
    Living with non-relatives only 5
    Living alone 115
    Number of census family persons aged 65 years and over 320
    Total number of private households by household type 1360
    Census-family households 1010
    One-family-only households 975
    Couple-family households 880
    Without children 400
    With children 475
    Lone-parent-family households 95
    Other family households 35
    One-family households with persons not in a census family 20
    Couple-family households 15
    Without children 5
    With children 5
    Lone-parent-family households 5
    Two-or-more-family households 15
    Non-census-family households 350
    One-person households 310
    Two-or-more-person households 40
    Total number of occupied private dwellings by structural type of dwelling 1360
    Single-detached house 1220
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 135
    Semi-detached house 10
    Row house 45
    Apartment, duplex 10
    Apartment, building that has fewer than five storeys 75
    Other single-attached house 5
    Total number of private households by household size 1355
    1 person 310
    2 persons 485
    3 persons 195
    4 persons 195
    5 persons 110
    6 or more persons 65
    Number of persons in private households 3600
    Average number of persons in private households 2.6
Census 2011

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