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 moderate growth. The median house price in the region stands at $500,000, with a year-over-year increase of 3.5%. This suggests a stable and growing housing market that can be attractive to both homeowners and investors looking for steady appreciation.
On the other hand, the median apartment price is slightly lower at $300,000, having risen by 2.1% over the past year. This slower growth rate indicates that apartments are a more affordable entry point into the property market for first-time buyers or investors seeking to capitalize on rental demand.
Fraserdale’s population currently stands at 15,000 residents, with an impressive growth rate of 7.1%. This rapid population increase is likely driving demand for housing in the area, which could explain the steady appreciation in property values.
Investment Opportunities and Potential
The real estate market in Fraserdale offers diverse investment opportunities. The consistent growth in median house prices indicates a healthy market with potential for capital gains over time. Investors may consider purchasing residential properties to either sell them later at a higher price or rent them out, taking advantage of the growing population’s need for housing.
Given the lower median price but positive growth trend for apartments, investment in multi-unit residential buildings could be particularly attractive. Investors may find this segment of the market to offer a good balance between affordability and potential for appreciation, especially when considering Fraserdale’s expanding population and corresponding rental demand.
Future Market Outlook
The outlook for Fraserdale’s real estate market appears promising. With a solid year-over-year increase in property values and significant population growth, it is reasonable to anticipate continued demand for housing will persist. The 3.5% growth in house prices reflects a stable environment that avoids the volatility seen in some overheated markets.
If current trends continue, investors can expect ongoing increases in property values, although it is important to monitor local economic factors and development plans that could impact future growth rates. Overall, Fraserdale presents itself as an attractive option for those looking to invest in a growing community with a robust real estate market.