Marlborough NorwoodHousing market

Marlborough Norwood

Marlborough Norwood Housing Market Report

Seller's Market

All types - for the month of March

Buyer's market Seller's market

2

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.

43

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 active

New

8(-38.46% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 22, in 2023: 32, in 2022: -

Total Sold Listings*

3 sold

Median Sold Price

$525,000

Avg Days on Market

43 days

Median Bidding

-$15,100

Compared to number of sold, same period, in 2024: 9, in 2023: 11, in 2022: -

*Data is for the month of March

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

Sold vs Active vs New vs Relisted - Marlborough Norwood - All types

Sold Price Distribution - Marlborough Norwood - All types

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

Property Type Distribution - Marlborough Norwood - All types

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

Median Price - Marlborough Norwood - All types

Just listed - Marlborough Norwood

pillar/IMG-A2209657_1.jpg

21 days on market

122 Park Meadows Lane, Medicine Hat

Townhouse2+121202.00 sq ft

Listed by SOURCE 1 REALTY CORP.

pillar/IMG-A2207619_1.jpg

28 days on market

2766 Dunmore Rd, Medicine Hat

Detached2+121152.00 sq ft

Listed by ROYAL LEPAGE COMMUNITY REALTY

pillar/IMG-A2204824_1.jpg

35 days on market

2265 15 Ave, Medicine Hat

Detached2+131050.00 sq ft

Listed by ROYAL LEPAGE COMMUNITY REALTY

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50 days on market

1480 Southview Dr #134, Medicine Hat

Condo221271.00 sq ft

Listed by ROYAL LEPAGE COMMUNITY REALTY

pillar/IMG-A2191846_1.jpg

86 days on market

35 Park Meadows Pl, Medicine Hat

Detached3+24+12258.00 sq ft

Listed by CENTURY 21 FOOTHILLS SOUTH REAL ESTATE

pillar/IMG-A2190269_1.jpg

89 days on market

$•••,•••

25 Violet Crt, Medicine Hat

Detached2+131802.47 sq ft

Listed by RE/MAX iRealty Innovations

pillar/IMG-A2169222_1.jpg

213 days on market

$•••,•••

1535 Southview Dr #423, Medicine Hat

Condo23+11774.00 sq ft

Listed by ROYAL LEPAGE COMMUNITY REALTY

pillar/IMG-A2147184_1.jpg

295 days on market

$•••,•••

24 Sunflower Crt, Medicine Hat

Detached3+13+11272.00 sq ft

Listed by EXP REALTY

Just sold - Marlborough Norwood

pillar/IMG-A2204538_1.jpg

Sold 3 days ago

Sold for $485,000

155 Park Meadows Lane, Medicine Hat

Semi-Detached2+12+11327.00 sq ft

Listed by SOURCE 1 REALTY CORP.

pillar/IMG-A2191777_1.jpg

Sold 5 days ago

Sold for $417,000

$8K below asking

230 Park Meadows Lane, Medicine Hat

Semi-Detached231246.00 sq ft

Listed by RE/MAX MEDALTA REAL ESTATE

pillar/IMG-A2201223_1.jpg

Sold 12 days ago

Sold for $342,500

$23K below asking

2902 Lamb Crt, Medicine Hat

Detached311072.00 sq ft

Listed by CIR REALTY

pillar/IMG-A2209674_1.jpg

Sold 15 days ago

Sold for $311,000

$11K above asking

1182 Southview Dr #108, Medicine Hat

Condo221066.00 sq ft

Listed by 2 PERCENT REALTY

pillar/IMG-A2206609_1.jpg

Sold 24 days ago

Sold for $408,000

$7K below asking

166 Park Meadows Lane, Medicine Hat

Townhouse2+121158.00 sq ft

Listed by SOURCE 1 REALTY CORP.

pillar/IMG-A2199871_1.jpg

Sold 32 days ago

Sold for $525,000

11 Southdale Crt, Medicine Hat

Detached431260.00 sq ft

Listed by ROYAL LEPAGE COMMUNITY REALTY

pillar/IMG-A2176063_1.jpg

Sold 36 days ago

Sold for $369,900

$15K below asking

310 Park Meadows Lane, Medicine Hat

Townhouse2+121208.00 sq ft

Listed by RE/MAX MEDALTA REAL ESTATE

pillar/IMG-A2189415_1.jpg

Sold 49 days ago

Sold for $585,000

$24K below asking

19 Southview Crt, Medicine Hat

Detached3+24+12300.00 sq ft

Listed by ROYAL LEPAGE COMMUNITY REALTY

pillar/IMG-A2187362_1.jpg

Sold 68 days ago

Sold for $249,500

$10K below asking

278 Park Meadows Dr #322, Medicine Hat

Condo221047.00 sq ft

Listed by MAXWELL CANYON CREEK

pillar/IMG-A2188991_1.jpg

Sold 69 days ago

Sold for $217,500

$8K below asking

22 Park Meadows Dr #212, Medicine Hat

Condo221018.00 sq ft

Listed by RE/MAX MEDALTA REAL ESTATE

Population and Demographics

Overview

Total population 4255

Average household income $96,154

Age (%)

65 and plus

41%

50 to 64

17%

0 to 19

15%

20 to 34

15%

35 to 49

13%

Household composition (%)

Single family

52%

Single person

43%

Multi person

5%

Multi family

0%

Mother tongue (%)

English

86%

German

4%

Others

3%

Punjabi (Panjabi)

2%

Tagalog (Pilipino, Filipino)

1%

French

1%

Spanish

1%

House tenancy (%)

Owners

70%

Renters

30%

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast amount of parking nearby

Pedestrian Friendly

2/5

Few day-to-day needs are within walking distance

Shopping, Food and Nightlife

Cafes

2/5

Some cafés within walking distance

Groceries

3/5

At least one grocery store within a 15-minute walk

Nightlife

2/5

Few or no bars within walking distance

Shopping

3/5

Variety of shops within walking distance

Restaurants

2/5

Some restaurants within walking distance