Guelpheramosa, 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 Guelpheramosa, Ontario, is currently experiencing steady growth, with median house prices at $500,000 and a year-over-year increase of 3.5%. This growth indicates a healthy demand for housing in the area, which is further evidenced by the median apartment price of $300,000 that has seen a slightly lower year-over-year increase of 2.1%. The population of Guelpheramosa stands at 15,000 residents and has grown by 7.1%, suggesting that the area is becoming increasingly attractive to new residents.
Investment Opportunities and Potential
Given the current market conditions, there are significant investment opportunities in Guelpheramosa. The consistent growth in house prices suggests that purchasing residential property could yield positive returns over time. Additionally, the growing population indicates a continuing or increased demand for housing. Investors looking to enter the rental market may find apartments particularly appealing due to their lower entry price point and solid growth trend. The area’s robust population growth rate also opens up possibilities for new development projects to meet the housing demand.
Future Market Outlook
The outlook for the Guelpheramosa real estate market remains positive. With a strong population growth rate of 7.1%, there is likely to be sustained demand for housing in both the purchase and rental sectors. If economic conditions remain stable and interest rates are favorable, we can expect both house and apartment prices to continue their upward trends, albeit at a moderate pace as represented by the current trends of 3.5% and 2.1% respectively. Investors and homebuyers should monitor local economic indicators, infrastructure developments, and employment rates as they can significantly impact future real estate market performance in Guelpheramosa.
