Truro
Truro

Truro 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.

87

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*

49

New

19(-5.00% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 28, in 2023: 2, in 2022: 0

Total Sold Listings*

13

Median Sold Price

$319,900

Avg Days on Market

87 days

Median Bidding

-$9,000

Compared to number of sold, same period, in 2024: 12, in 2023: 9, in 2022: 20

*Data is for the month of March

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

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

Sold Price Distribution - Truro - All types

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

Property Type Distribution - Truro - All types

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

Median Price - Truro - All types

Population and Demographics

Overview

Total population 11477
Average household income $92,589

Age (%)

65 and plus
25%
50 to 64
21%
20 to 34
20%
0 to 19
18%
35 to 49
17%

Household composition (%)

Single family
51%
Single person
43%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
95%
Others
3%
Punjabi (Panjabi)
1%
French
1%

House tenancy (%)

Renters
55%
Owners
45%