Glace Bay
Glace Bay

Glace Bay Housing Market Report

Strong Buyer's Market

All types - for the month of April

Buyer's market Seller's market

40

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 5+ months indicates a buyer’s market, where homes are selling slowly and there are more homes than available buyers.

140

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*

40

New

18(+50.00% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 16, in 2023: 2, in 2022: 0

Total Sold Listings*

1

Median Sold Price

$245,000

Avg Days on Market

140 days

Median Bidding

-$4,999

Compared to number of sold, same period, in 2024: 0, in 2023: 0, in 2022: 9

*Data is for the month of April

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

Sold vs Active vs New vs Relisted - Glace Bay - All types

Sold Price Distribution - Glace Bay - All types

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

Property Type Distribution - Glace Bay - All types

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

Median Price - Glace Bay - All types

Population and Demographics

Overview

Total population 14137
Average household income $87,383

Age (%)

65 and plus
26%
50 to 64
24%
0 to 19
18%
35 to 49
16%
20 to 34
16%

Household composition (%)

Single family
57%
Single person
37%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
98%
Others
2%

House tenancy (%)

Owners
68%
Renters
32%