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 real estate market in Consecon, Ontario currently presents a steady growth pattern. The median house price in the area stands at $500,000, reflecting a year-over-year increase of 3.5%. This increment points to a healthy demand in the housing sector, potentially driven by favorable local economic conditions and the appeal of Consecon as a residential community.
On the other hand, the median apartment price is comparatively lower at $300,000, with a slower growth rate of 2.1% year-over-year. This suggests a more modest but stable interest in apartment living within the region, possibly indicating a different demographic or buyer’s market for this type of property.
The population of Consecon has reached approximately 15,000 residents, with an impressive growth rate of 7.1%. This influx of new residents is likely contributing to the ongoing demand for housing and can be seen as a positive indicator for future real estate activity in the area.
Investment Opportunities and Potential
The current trends suggest that investment opportunities in Consecon are ripe for consideration. The consistent increase in property values indicates that investments made now could appreciate in the upcoming years. Houses, with their higher year-over-year increase, present an attractive option for investors looking for significant capital gains.
Apartments offer a different kind of opportunity; their lower median price and growth rate make them accessible entry points for new investors or those seeking rental income properties. Given the robust population growth, there will likely be continued demand for rental accommodations, which could benefit landlords and real estate investors focusing on this market segment.
Future Market Outlook
The future outlook of Consecon’s real estate market appears positive. With sustained population growth and increasing property values, both residential houses and apartments are expected to continue on an upward trajectory. Investors should monitor factors such as local employment rates, infrastructure developments, and interest rates as these could affect market dynamics.
The strong population growth trend is particularly promising as it underpins the demand for housing. Assuming that economic conditions remain favorable and that Consecon continues to attract new residents due to its quality of life or job opportunities, one can expect ongoing investment potential across the real estate spectrum.
In conclusion, while no market can be entirely predicted, current data suggests that Consecon remains an attractive location for both homebuyers and real estate investors alike. Prudent investments made today may well yield significant returns in this active market environment.
