Crysler, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $485,000 |
| Monthly growth | 1.3% |
| Quarterly trend | 2.8% |
| Stock on market | 0.9% |
Apartment
| Median price | $295,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 1.9% |
| Stock on market | 1.1% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $425,000 |
| 3 bedrooms | $485,000 |
| 4 bedrooms | $575,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $240,000 |
| 2 bedrooms | $340,000 |
| 3 bedrooms | $430,000 |
Demographics
| Current Population (2025) | 15,200 |
| Previous Population (2020) | 14,800 |
| Population Change | 2.7% |
| Total Private Dwellings | 6,200 |
| Occupied Private Dwellings | 5,800 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Crysler, Ontario, currently presents a stable growth environment. With a median house price of $485,000, the market has seen a modest year-over-year increase of 2.8%. This growth rate indicates a steady demand for housing in the area without the volatility seen in more urban centers. The market for apartments is also experiencing growth, albeit at a slightly slower pace, with the median apartment price at $295,000 and an upward trend of 1.9% year-over-year.
The population of Crysler stands at approximately 15,200 residents, with a healthy growth rate of 2.7%. This demographic expansion suggests a continuing demand for housing, which may support the current trends in property values and availability.
Investment Opportunities and Potential
Crysler’s real estate market offers several investment opportunities. The consistent growth in median housing prices coupled with ongoing population increases creates potential for both residential development projects and buy-and-hold investment strategies. Investors might consider single-family homes due to their higher appreciation rate over the past year.
The slightly lower appreciation rate for apartments could appeal to investors looking for more affordable entry points into the market or those interested in rental properties. With the population expected to continue growing, rental demand is likely to follow suit, potentially leading to higher rental yields over time.
Future Market Outlook
The outlook for Crysler’s real estate market remains positive based on current trends and demographic data. The stable increase in property values points towards sustained interest in the area as both a residential community and an investment opportunity.
The ongoing population growth will likely continue to underpin the real estate market, ensuring that demand for housing remains robust. If these trends persist, investors can expect continued moderate appreciation rates in property values without the risk of overheating that can lead to more volatile conditions.
In conclusion, Crysler represents a market with solid fundamentals and potential for steady growth. As always, potential investors should conduct thorough due diligence and consider local developments that could impact future market conditions.
