Fauquierstrickland, Ontario Real Estate Market Data
Updated: Nov 2024
House
Median price | $525,000 |
Monthly growth | 1.5% |
Quarterly trend | 4.0% |
Stock on market | 0.7% |
Apartment
Median price | $320,000 |
Monthly growth | 1.0% |
Quarterly trend | 2.5% |
Stock on market | 1.1% |
Prices by Number of Bedrooms
Houses
Bedrooms | Median Price |
---|---|
2 bedrooms | $450,000 |
3 bedrooms | $525,000 |
4 bedrooms | $650,000 |
Apartments
Bedrooms | Median Price |
---|---|
1 bedrooms | $260,000 |
2 bedrooms | $360,000 |
3 bedrooms | $470,000 |
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 Fauquierstrickland, Ontario is currently experiencing modest growth. With a median house price sitting at $525,000, the market has seen a steady increase of 4% year-over-year. This suggests a healthy demand for housing in the area and a robust seller’s market. The median apartment price is also on an upward trend, albeit at a slightly slower pace, with a 2.5% year-over-year increase to $320,000. The consistent growth across both housing types indicates overall stability in the local real estate market.
Investment Opportunities and Potential
The investment potential in Fauquierstrickland’s real estate is promising given the ongoing positive trends. The continuous population growth of 3.3% is likely to sustain demand for housing. For investors, this could mean stable rental income possibilities as well as capital appreciation over time. Both residential properties and apartments present good opportunities, with houses offering higher value growth while apartments may appeal to those looking for more affordable investment options with decent returns.
Future Market Outlook
Looking ahead, Fauquierstrickland’s real estate market appears poised for continued growth. The consistent population increase will likely remain a driving force behind housing demand. If current trends continue, we can anticipate further gradual increases in property values for both houses and apartments. Investors and homebuyers should monitor infrastructural developments and employment opportunities in the area, as these factors could significantly influence the future trajectory of the market.