Ads Google

Addison, ON

Updated: Aug 2016
House
Median price $299,900
Monthly growth
Quarterly trend
Stock on market 0.08%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Addison Home Price

Across the country as a whole, Addison is in the Top 40% when all of Canada’s suburbs are listed in order of real estate listing prices.

The median house price listed in Addison this month is $299,900.

If you’re looking at investment properties in Addison, then you’re most likely to find homes with 2 bedrooms on sale this month.

From our data, it appears that neighbourhood is number 3570th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 40.

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

In Addison, 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.

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.

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

Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.

Beds Median price (House) Median price (Apartment)
2 bedrooms $299,900
Demographics
  • Population in 20119724
  • Population in 200610201
  • 2006 to 2011 population change (%)-4.7
  • Total private dwellings3862
  • Private dwellings occupied by usual residents3624
  • Population density per square kilometre17.4
  • Land area (square km)557.8