Collingwood, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $540,000 |
| Monthly growth | 1.1% |
| Quarterly trend | 4.0% |
| Stock on market | 0.6% |
Apartment
| Median price | $320,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 2.5% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $450,000 |
| 3 bedrooms | $540,000 |
| 4 bedrooms | $650,000 |
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
Current Market Conditions and Trends
The real estate market in Collingwood, Ontario, is demonstrating continued growth with the median house price currently at $540,000, marking a year-over-year increase of 4%. This trend suggests a healthy demand for housing in the area. The apartment sector is also showing positive movement with the median apartment price at $320,000 and experiencing a more modest year-over-year growth of 2.5%. These statistics reflect a steadily appreciating property market in Collingwood.
Additionally, with a population of 15,500 and a significant growth rate of 3.3%, Collingwood is attracting new residents at a robust pace. This influx is likely contributing to the demand for housing and can be seen as a catalyst for the current market conditions.
Investment Opportunities and Potential
The investment opportunities in Collingwood are promising due to the consistent growth in both the housing and apartment markets. Investors looking for long-term capital appreciation may find single-family homes particularly appealing, given their higher growth rate compared to apartments. Moreover, with a growing population and corresponding demand for rental properties, investors could also benefit from rental income streams.
A closer look at demographic trends and development projects within Collingwood can provide insights into niche investment opportunities that cater to specific segments of the market, such as luxury waterfront properties or affordable housing units.
Future Market Outlook
The future market outlook for Collingwood’s real estate remains optimistic. Given the solid population growth and sustained interest in the region as both a residential community and a vacation destination, it is likely that the demand for homes will continue to drive property values upward. Barring any unforeseen economic shifts or policy changes that might affect Ontario’s real estate market at large, investors can reasonably expect ongoing appreciation in property values.
Analyzing current economic drivers in Collingwood—such as employment rates, infrastructural developments, and tourism trends—is critical for predicting future market performance. Investors should keep an eye on these factors to make informed decisions about entering or exiting the market.
