Fraserville, 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 Fraserville, Ontario
The real estate market in Fraserville, Ontario is currently experiencing steady growth. The median house price stands at $500,000, marking a year-over-year increase of 3.5%. This indicates a healthy demand for detached homes, which could be reflective of buyers seeking more space, possibly due to lifestyle changes stemming from remote work trends or a desire for suburban living.
On the other hand, the median apartment price in the area has reached $300,000, with a slower growth rate of 2.1% year-over-year. This suggests that while there is interest in more affordable and lower-maintenance living spaces, the demand for apartments may not be as robust as that for houses.
The population of Fraserville has grown to 15,000, with an impressive growth rate of 7.1%. This rapid increase in population is likely contributing to the sustained demand for housing and could be indicative of a vibrant economy attracting new residents.
Investment Opportunities and Potential in Fraserville
Fraserville presents several investment opportunities with potential for solid returns. Given the consistent rise in property values, investors might consider purchasing single-family homes or apartments to capitalize on capital gains over time. With houses showing a higher growth rate compared to apartments, they may offer greater appreciation potential in the short to medium term.
Rental properties also pose an attractive option due to the increasing population and potential demand from those not ready or unable to enter the ownership market. Investors should conduct detailed market analyses to identify areas within Fraserville that have the highest rental yield prospects or are undergoing significant development projects likely to boost property values further.
Future Market Outlook for Fraserville Real Estate
The future market outlook for Fraserville remains optimistic based on current trends. The steady increase in property values coupled with strong population growth suggests that demand for housing will continue to outpace supply in the near term, potentially leading to further price increases.
However, investors and homebuyers should remain cognizant of broader economic factors such as interest rates, employment levels, and government housing policies which can impact affordability and market dynamics. Additionally, infrastructure development and public services expansion will be crucial in supporting the growing population and maintaining the attractiveness of Fraserville as a place to live and invest.
In conclusion, while current indicators point towards a robust real estate market with opportunities for investment and healthy returns, it’s important for stakeholders to stay informed about regional developments and maintain a strategic approach when navigating the Fraserville real estate landscape.
