Fournier, 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 in Fournier, Ontario
In Fournier, Ontario, the real estate market has been characterized by steady growth. The median house price in the region is currently at $500,000, indicating a robust year-over-year increase of 3.5%. This trend reflects a healthy demand for single-family homes in the area. Simultaneously, apartment prices have experienced a slightly more modest increase of 2.1% year-over-year, with the median apartment price now at $300,000.
The population of Fournier stands at 15,000 and has seen a significant growth rate of 7.1%. This demographic expansion is likely contributing to the demand for housing in the area. In terms of sales volume and inventory levels, data would be required to provide further insights into market liquidity and supply constraints.
Investment Opportunities and Potential in Fournier, Ontario
For investors considering Fournier’s real estate market, the continuous growth in property values presents an appealing opportunity for long-term capital gains. Single-family homes have been appreciating at a healthy rate and could be particularly attractive for those looking to invest in rental properties or engage in house flipping activities.
With apartments experiencing a steady rise in value as well, multi-unit residential buildings could offer another avenue for investment. These properties may appeal to both first-time home buyers and individuals seeking more affordable housing options amid population growth. Additionally, given the increasing population figures, there may also be opportunities in new construction developments to accommodate incoming residents.
Future Market Outlook for Fournier, Ontario
The future market outlook for Fournier appears positive. Continued population growth suggests sustained demand for housing which could support further appreciation in property values over time. Given the current trends with both house and apartment prices on an upward trajectory, it is reasonable to project that this growth momentum will continue in the short to medium term barring any unforeseen economic disruptions.
The province of Ontario has historically seen strong real estate markets across many of its regions due to economic stability and immigration patterns favoring urban and suburban areas. If these broader provincial trends persist alongside local economic development initiatives that attract new residents and businesses to Fournier, the local real estate market should remain robust.
Prospective investors and homeowners should monitor key economic indicators such as employment rates, interest rates, and regional development plans which could impact future property values. Careful analysis of such factors will be crucial for informed decision-making regarding real estate transactions in Fournier.
