Hemlock Ravine
Hemlock Ravine

Hemlock Ravine Housing Market Report

Strong Seller's Market

All types - for the month of April

Buyer's market Seller's market

1

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.

66

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*

5

New

5(-44.44% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 8, in 2023: 1, in 2022: 0

Total Sold Listings*

7

Median Sold Price

$598,000

Avg Days on Market

66 days

Median Bidding

-$14,000

Compared to number of sold, same period, in 2024: 1, in 2023: 13, in 2022: 5

*Data is for the month of April

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

Sold vs Active vs New vs Relisted - Hemlock Ravine - All types

Sold Price Distribution - Hemlock Ravine - All types

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

Property Type Distribution - Hemlock Ravine - All types

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

Median Price - Hemlock Ravine - All types

Population and Demographics

Overview

Total population 807
Average household income $107,327

Age (%)

20 to 34
23%
35 to 49
22%
0 to 19
21%
65 and plus
18%
50 to 64
16%

Household composition (%)

Single family
62%
Single person
29%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
69%
Arabic
10%
Mandarin
6%
French
3%
Korean
3%
Others
2%
Iranian Persian
2%
Russian
1%

House tenancy (%)

Renters
67%
Owners
33%

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

Transit Friendly

2/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

1/5

Few or no cafés within walking distance

Groceries

3/5

At least one grocery store within a 15-minute walk

Nightlife

0/5

Few or no bars within walking distance

Shopping

1/5

Few or no shops within walking distance

Restaurants

2/5

Few or no restaurants within walking distance