Arden, 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 Arden, Ontario currently presents a stable growth environment with the median house price standing at $500,000, which marks a year-over-year increase of 3.5%. Similarly, the market for apartments is also experiencing steady growth with a median apartment price of $300,000, and an annual appreciation trend of 2.1%. These trends indicate a healthy market that is growing at a sustainable rate.
The town’s population has seen significant growth with a rate of 7.1%, bringing the total to approximately 15,000 residents. This demographic development suggests an increasing demand for housing which could continue to support property value appreciation.
Investment Opportunities and Potential
In light of the current market conditions, Arden offers promising investment opportunities particularly in residential properties. The steady increase in property values coupled with robust population growth underpins the potential for both long-term capital gains and rental income stability.
Investors considering the purchase of houses can expect continued value appreciation given the consistent upward trend in median house prices. Apartments offer a slightly lower capital growth rate but may be attractive for investors looking for more affordable entry points into the market or those aiming to cater to individuals and small families who prefer apartment living.
Future Market Outlook
Moving forward, the future real estate market outlook for Arden is optimistic. The ongoing population growth is likely to sustain demand for housing, potentially leading to continued appreciation in property values. If current economic conditions remain stable and interest rates are favorable, we can anticipate that both sectors—houses and apartments—will maintain their positive trajectory.
However, it’s important to note that external economic factors such as job market stability, inflation rates, and government housing policies can influence future market dynamics. Investors should therefore maintain a vigilant approach by monitoring these factors closely while considering the inherently stable nature of Arden’s real estate market revealed by current trends.
