Fraserdale, 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 Fraserdale, Ontario is currently experiencing stable growth. With a median house price of $500,000, the market has seen a moderate increase of 3.5% year-over-year. This indicates a healthy upward trend without any signs of overheating or rapid inflation that could lead to a bubble. The apartment sector is also showing growth, albeit at a slower pace, with a median price of $300,000 and an annual appreciation rate of 2.1%.
This steady growth can be attributed to Fraserdale’s increasing population, which has risen by 7.1% recently. This demographic trend suggests that demand for housing is likely to remain strong as more people are drawn to the area. The current market conditions are characterized by balanced demand and supply dynamics, which is good news for both buyers and sellers.
Investment Opportunities and Potential
Investors considering Fraserdale for real estate opportunities will find potential in both the residential housing and apartment sectors. The consistent growth in median house prices indicates that purchasing property in Fraserdale could yield solid returns over time. Single-family homes, given their 3.5% year-over-year price increase, represent a particularly attractive investment for long-term capital appreciation.
The apartment market also presents opportunities, especially for investors looking to cater to smaller households or the rental market. With an increase in apartment prices by 2.1% annually, investing in multi-family units could provide steady income through rent, alongside gradual asset appreciation.
Fueled by the population growth rate of 7.1%, demand for all types of housing is expected to continue rising. This demographic expansion combined with reasonable price trends underscores Fraserdale’s potential as an investment destination with sustained growth prospects.
Future Market Outlook
The future outlook for the Fraserdale real estate market appears optimistic based on current trends and demographic data. As long as the population continues to grow at a healthy rate, demand for housing should keep pace accordingly. The current trends suggest that property values will continue to rise at a sustainable rate, avoiding volatility while providing reliable growth for investors.
The local economy and its diversification will play a significant role in shaping the long-term health of the real estate market. Assuming positive economic conditions prevail, Fraserdale’s market could see continued appreciation in property values across both houses and apartments.
In summary, Fraserdale’s real estate market is poised for continued growth with solid investment opportunities supported by demographic trends and current market conditions. Investors who enter the market with a long-term perspective may find rewarding prospects in this burgeoning Ontario community.