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Severn, ON

Updated: Aug 2016
House
Median price $499,900
Monthly growth 342.78 %
Quarterly trend
Stock on market 1.01%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Severn Home Price

Last month, Severn was Canada’s 419th priciest – this month at number 419 it’s gained 1968 While month on month that number shouldn’t matter too much, as fluctuation is common, it’s worth checking back regularly to see whether the improvement continues.

With Severn’s median house price at $499,900 in Aug , it is high priced compared to the rest of Ontario.

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

This month we track 132th neighbourhoods in Ontario, and Severn has the 132th most choice available for real estate investors.

Will prices rise across the next year in in Severn? There are a number of real estate indicators to consider.

The amount of homes for sale in neighbourhood has increased over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also slipped.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.

Can we guarantee how well Severn is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

Beds Median price (House) Median price (Apartment)
2 bedrooms $257,400
3 bedrooms $435,000
4 bedrooms $659,900
Demographics
  • Population in 201112377
  • Population in 200612030
  • 2006 to 2011 population change (%)2.9
  • Total private dwellings6643
  • Private dwellings occupied by usual residents4888
  • Population density per square kilometre22.5
  • Land area (square km)549.9