Arden, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $525,000 |
| Monthly growth | 1.5% |
| Quarterly trend | 4.0% |
| Stock on market | 0.7% |
Apartment
| Median price | $320,000 |
| Monthly growth | 1.0% |
| Quarterly trend | 2.5% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $450,000 |
| 3 bedrooms | $525,000 |
| 4 bedrooms | $620,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $260,000 |
| 2 bedrooms | $360,000 |
| 3 bedrooms | $480,000 |
Demographics
| Current Population (2025) | 15,500 |
| Previous Population (2020) | 15,000 |
| Population Change | 3.3% |
| Total Private Dwellings | 6,200 |
| Occupied Private Dwellings | 5,700 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,500.5 |
Market Analysis
1. Current Market Conditions and Trends
The real estate market in Arden, Ontario, is currently experiencing a steady growth. With the median house price sitting at $525,000, there has been a year-over-year increase of 4%, indicating a healthy demand for single-family homes. The apartment sector is also showing positive momentum with a median price of $320,000 and a growth trend of 2.5% over the past year.
The population of Arden has grown by 3.3%, which may be contributing to the robust real estate market. This demographic shift suggests an increase in demand for housing, both in the rental and purchase segments. The growth in population likely reflects broader trends such as urban to suburban migration, new employment opportunities in the area, or an uptick in local birth rates and immigration.
2. Investment Opportunities and Potential
In light of the current market conditions, Arden presents several promising investment opportunities. The consistent appreciation in house and apartment prices signals that investments in residential properties could yield solid returns over time. Furthermore, the robust population growth is expected to sustain the demand for housing.
Investors considering entry into the Arden real estate market may find potential in both flipping properties and holding long-term rentals. Given the current trends, rental properties might experience increased occupancy rates and rental income growth, while resale of purchased properties could lead to capital gains due to the appreciating market values.
3. Future Market Outlook
Looking forward, Arden’s real estate market appears poised for sustained growth. The combination of steady price increases and ongoing population expansion points to a continued demand for housing. Assuming similar economic conditions persist—such as low interest rates, stable employment rates, and regional development—the market could maintain its upward trajectory.
However, investors should remain aware of potential risks such as economic downturns or shifts in government policies affecting homeownership costs or landlord regulations that could impact future market dynamics.
Overall, with prudent research and strategic investment decisions, stakeholders can potentially capitalize on Arden’s growing real estate market while keeping an eye on external factors that may influence future performance.
