Porters Lake
Porters Lake Housing Market Report
Strong Buyer's Market
All types - for the month of March
Buyer's market Seller's market
17
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.
111
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*
17 active
New
5(+150.00% YoY)
Relisted
-(- YoY)
Compared to number of active, same period, in 2024: 15, in 2023: 0, in 2022: 0
Total Sold Listings*
1 sold
Median Sold Price
$495,000
Avg Days on Market
111 days
Median Bidding
-$4,900
Compared to number of sold, same period, in 2024: 2, in 2023: 1, in 2022: 4
*Data is for the month of March
Median Sold Price vs Average Days and Average Total Days on Market - Porters Lake - All types
Sold vs Active vs New vs Relisted - Porters Lake - All types
Sold Price Distribution - Porters Lake - All types
Sold price distribution per the last 3 months's sold listings.
Property Type Distribution - Porters Lake - All types
Property type distribution based on data from the last 3 months.
Median Price - Porters Lake - All types
Just listed - Porters Lake
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Just sold - Porters Lake
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Population and Demographics
Overview
Total population 2147
Average household income $124,300
Age (%)
50 to 64
25%
0 to 19
22%
35 to 49
21%
65 and plus
17%
20 to 34
15%
Household composition (%)
Single family
76%
Single person
21%
Multi person
3%
Multi family
0%
Mother tongue (%)
English
96%
French
3%
Others
2%
House tenancy (%)
Owners
94%
Renters
6%