Dubreuilville, 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 Dubreuilville, Ontario, exhibits steady growth with the median house price currently standing at $500,000, marking a year-over-year increase of 3.5%. This indicates a continued appreciation in property values, reflective of the region’s healthy demand for single-family homes.
Similarly, apartments in Dubreuilville are experiencing a positive trajectory with the median price at $300,000 and a more modest annual growth rate of 2.1%. The consistent but slower pace of appreciation for apartments suggests a stable market with potential for long-term gains.
A noteworthy factor contributing to these trends is the population growth of 7.1%, bringing the current population to approximately 15,000 residents. This demographic expansion underscores the increasing demand for housing in the area and is likely to continue fueling market activity.
Investment Opportunities and Potential
Given the solid growth in housing prices and an expanding population base, Dubreuilville presents attractive investment opportunities. Single-family homes offer strong potential for capital gains due to their higher appreciation rate. Investors can expect continued interest in this segment as the local economy and population expand.
Apartments represent an alternative investment route with a different value proposition. While their appreciation rate is lower compared to houses, they offer potential for rental income and may appeal to investors looking for more affordable entry points into the real estate market or diversification within their portfolio.
The town’s demographic momentum further bolsters investment prospects. As more people move to Dubreuilville, demand for rental properties is likely to rise, which could lead to increased rental yields over time.
Future Market Outlook
Looking ahead, the future real estate market outlook for Dubreuilville remains optimistic. Population growth is expected to persist as economic conditions attract new residents seeking employment opportunities or lifestyle changes. Consequently, demand for residential properties will likely maintain its upward trend.
If current economic and demographic trends continue, we can anticipate that both house and apartment prices may experience sustained increases. However, investors should remain cognizant of broader economic factors such as interest rates and employment levels which could impact purchasing power and influence market dynamics.
In conclusion, while mindful of external influences, Dubreuilville’s real estate market is poised for ongoing growth with promising prospects for both housing investments and rental markets. Stakeholders should monitor key indicators closely to make informed decisions based on up-to-date market data.