Apto, Ontario Real Estate Market Data
Updated: Nov 2024
House
Median price | $500,000 |
Monthly growth | 1.2% |
Quarterly trend | 3.5% |
Stock on market | 0.8% |
Apartment
Median price | $300,000 |
Monthly growth | 0.9% |
Quarterly trend | 2.1% |
Stock on market | 1.2% |
Prices by Number of Bedrooms
Houses
Bedrooms | Median Price |
---|---|
2 bedrooms | $400,000 |
3 bedrooms | $500,000 |
4 bedrooms | $600,000 |
Apartments
Bedrooms | Median Price |
---|---|
1 bedrooms | $250,000 |
2 bedrooms | $350,000 |
3 bedrooms | $450,000 |
Demographics
Current Population (2025) | 15,000 |
Previous Population (2020) | 14,000 |
Population Change | 7.1% |
Total Private Dwellings | 6,000 |
Occupied Private Dwellings | 5,500 |
Population Density (per km²) | 1.5 |
Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Apto, Ontario is currently experiencing a period of steady growth. The median house price stands at $500,000, which represents a healthy year-over-year increase of 3.5%. This suggests sustained demand and a competitive market environment. Concurrently, the median apartment price has reached $300,000, with a more moderate annual appreciation of 2.1%. The population of Apto has grown to 15,000 residents, marking a significant growth rate of 7.1%. This demographic expansion is likely contributing to the demand for housing and driving the positive price trends observed in both housing segments.
Investment Opportunities and Potential
The investment landscape in Apto presents promising opportunities, particularly considering the town’s robust population growth and escalating property values. For investors looking at long-term capital appreciation, the housing market offers solid prospects given its higher growth rate of 3.5% compared to apartments. Rental properties could also be lucrative due to the increasing populace, potentially resulting in higher occupancy rates and rental yields. Investors should consider the local economy’s health, infrastructure developments, and employment rates as these are critical factors that may influence future performance.
Future Market Outlook
The future outlook for Apto’s real estate market appears optimistic based on current trends and data. Assuming the continuation of current demographic and economic patterns—including sustained population growth—the demand for residential properties is likely to remain strong. The consistent upward movement in house prices may forecast further increases in property values over the medium to long term. However, it is important for stakeholders to monitor external factors such as interest rates, government housing policies, and broader economic conditions that may impact market dynamics unpredictably.