Parkhill
Parkhill

Parkhill Housing Market Report

Balanced Market

All types - for the month of March

Buyer's market Seller's market

4

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

39

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

7

New

7(-12.50% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 6, in 2023: 9, in 2022: 1

Total Sold Listings*

2

Median Sold Price

$310,450

Avg Days on Market

39 days

Median Bidding

-$4,400

Compared to number of sold, same period, in 2024: 4, in 2023: 2, in 2022: 0

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Parkhill - All types

Sold vs Active vs New vs Relisted - Parkhill - All types

Sold Price Distribution - Parkhill - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Parkhill - All types

Property type distribution based on data from the last 3 months.

Median Price - Parkhill - All types

Population and Demographics

Overview

Total population 474
Average household income $274,248

Age (%)

20 to 34
23%
35 to 49
22%
50 to 64
22%
0 to 19
18%
65 and plus
15%

Household composition (%)

Single family
60%
Single person
34%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
89%
Others
4%
French
2%
Mandarin
1%
German
1%
Spanish
1%

House tenancy (%)

Owners
70%
Renters
30%

Transportation

Car Friendly

4/5

Arteries nearby, but traffic congestion and parking problems are possible

Pedestrian Friendly

3/5

Some day-to-day needs are within walking distance

Transit Friendly

3/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

3/5

Variety of cafés within walking distance

Groceries

4/5

At least one grocery store within a 15-minute walk

Nightlife

2/5

Some bars within walking distance

Shopping

4/5

Variety of shops within a few minutes' walk

Restaurants

3/5

Variety of restaurants within walking distance