Consecon, 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 Consecon real estate market is currently characterized by steady growth. With a median house price of $500,000 and an appreciation trend of 3.5% year-over-year, the market demonstrates resilience and a positive trajectory. Similarly, the apartment sector is showing an upward trend with a median price point of $300,000 and a 2.1% year-over-year increase. This consistent growth reflects a stable market that is maintaining momentum.
The population of Consecon has reached 15,000 residents, with a significant growth rate of 7.1%. This demographic expansion is indicative of an increasing demand for housing in the area, potentially driving further investment in both residential and commercial real estate sectors.
Investment Opportunities and Potential
The steady growth in housing prices in Consecon suggests that investment opportunities are ripe, particularly in the residential sector. The consistent increase in median house prices points towards a market that provides potential for capital gains over time. Investors may find opportunities in purchasing single-family homes or apartments to cater to the growing population.
Given the demographic trend, there is also potential for development projects aimed at creating more housing to meet the increasing demand. The rise in population could also signal an opportunity for commercial real estate development to service new residents, such as retail spaces, offices, and community amenities.
Future Market Outlook
The future outlook for Consecon’s real estate market appears promising. With ongoing population growth and sustained increases in property values, the market dynamics suggest that this upward trend is likely to continue. If current conditions persist—such as economic stability within the region and favorable interest rates—the Consecon market could maintain its competitiveness and attractiveness to both homebuyers and investors.
In conclusion, the Consecon real estate market holds potential for those looking to invest or develop properties within its bounds. Careful analysis of specific locations within Consecon will be crucial for maximizing returns and ensuring successful investments as this thriving community continues to expand.
