Adjalatosorontio, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $600,000 |
| Monthly growth | 1.5% |
| Quarterly trend | 4.0% |
| Stock on market | 0.6% |
Apartment
| Median price | $350,000 |
| Monthly growth | 1.0% |
| Quarterly trend | 2.5% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $500,000 |
| 3 bedrooms | $600,000 |
| 4 bedrooms | $700,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $280,000 |
| 2 bedrooms | $360,000 |
| 3 bedrooms | $450,000 |
Demographics
| Current Population (2025) | 16,000 |
| Previous Population (2020) | 15,000 |
| Population Change | 6.7% |
| Total Private Dwellings | 6,500 |
| Occupied Private Dwellings | 6,000 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Adjala-Tosorontio, Ontario, currently presents a stable growth environment. With a median house price of $600,000, the local market has experienced a modest year-over-year increase of 4%. This consistent growth trend indicates a healthy demand for residential properties in the area. The median apartment price is somewhat more accessible at $350,000, with a slightly lower growth rate of 2.5% year-over-year. This difference in growth rates suggests that houses are in higher demand compared to apartments, possibly driven by families and individuals seeking more spacious living options.
Investment Opportunities and Potential
Given the steady increase in property values, Adjala-Tosorontio presents promising investment opportunities. Long-term investors could benefit from the area’s continuous appreciation of real estate assets. The population of approximately 16,000 has also grown by an impressive 6.7%, which may lead to increased demand for housing and potentially higher returns on investment properties. Additionally, new developments and infrastructure projects spurred by the population growth could further enhance property values, making it an attractive moment for real estate investment.
Future Market Outlook
The future outlook for Adjala-Tosorontio’s real estate market appears positive. The ongoing population growth is likely to sustain demand for housing. Moreover, if current trends continue, both house and apartment prices may see further gradual increases. Investors should monitor local economic developments and infrastructure improvements as these factors will play a critical role in shaping the market dynamics. Furthermore, those considering entering the market should act with foresight, as growing interest in suburban areas like Adjala-Tosorontio could lead to heightened competition and accelerated price growth over time.
