Clearview, 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
1. Current Market Conditions and Trends
The real estate market in Clearview, Ontario is currently experiencing a steady increase in property values. With a median house price of $500,000 and a year-over-year growth of 3.5%, the market is showing resilience in the face of various economic factors. Similarly, apartments are following an upward trend, with the median price standing at $300,000 and growing at a rate of 2.1% year-over-year. These trends suggest a healthy demand for housing coupled with a supply that is keeping pace with market expectations.
The population of Clearview has reached approximately 15,000 residents, reflecting a significant growth rate of 7.1%. This demographic expansion is indicative of Clearview’s increasing attractiveness as a residential area and may be contributing to the rising property values as demand for housing intensifies.
2. Investment Opportunities and Potential
Considering the steady growth in both house and apartment prices, Clearview presents itself as an attractive destination for real estate investors. The consistent increase in median property values suggests that investments made in the local real estate market have the potential for capital gains over time. Furthermore, the robust population growth can lead to higher rental demand, which may translate into promising opportunities for rental income investments.
Investors looking to diversify their portfolio could consider Clearview as a strategic location due to its smaller market size but notable growth rates. This combination could offer investors both stability and potential for growth while mitigating risks associated with larger, more volatile markets.
3. Future Market Outlook
The future outlook of Clearview’s real estate market appears cautiously optimistic. Should current trends persist—moderate price increases coupled with strong population growth—the demand for housing is likely to remain high, supporting further growth in property values. However, potential investors and homebuyers should be mindful of external economic factors such as interest rate changes, employment rates, and broader provincial or national housing policies that might influence future market conditions.
The existing data points towards sustained growth but at measured paces that align with the overall health of the local economy. As long as Clearview continues to attract new residents through its amenities, lifestyle offerings, and economic opportunities, it stands to reason that its real estate market will reflect these positive attributes through continued appreciation in property values.
