Bryanston, 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 Bryanston, Ontario, is currently experiencing steady growth. The median house price in the town sits at a competitive $500,000, indicating a healthy market for single-family homes. This figure reflects a year-over-year increase of 3.5%, showcasing consistent appreciation in property values. In contrast, the median apartment price is positioned at $300,000, with a slightly more modest growth rate of 2.1% over the same period.
Bryanston’s population has surged by 7.1%, suggesting an uptick in demand for housing as more individuals and families are drawn to the area. This demographic expansion can be tied to the town’s attractiveness to both professionals seeking employment opportunities and retirees looking for a serene environment.
Investment Opportunities and Potential
Given Bryanston’s population growth and steady property value increases, investment opportunities are ripe for both residential and rental markets. Investors may find particular interest in single-family homes due to their higher appreciation rate. The growing community implies a long-term demand for such properties, both for resale and rental purposes.
Apartment units also present an appealing investment avenue, particularly geared towards servicing the increasing number of small families and professionals within the town. With a slower but stable appreciation trend, apartments offer a more accessible entry point into the real estate market for investors with smaller capital outlays.
Future Market Outlook
The future of Bryanston’s real estate market appears promising based on current trends and demographic shifts. Continued population growth will likely sustain demand for housing, potentially leading to further property value increases and investment returns above national averages. However, investors should be mindful of economic fluctuations that could influence interest rates and construction costs which in turn would impact the overall market performance.
Maintaining a close watch on infrastructure developments within Bryanston could also provide insights into new growth areas that may emerge as hotspots for real estate activity. Investors who position themselves strategically in these locations could benefit from accelerated property value appreciation.