South Section
South Section Housing Market Report
Strong Seller's Market
All types - for the month of May
Buyer's market Seller's market
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.
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*
1 active
New
1(- YoY)
Relisted
-(- YoY)
Compared to number of active, same period, in 2024: -, in 2023: -, in 2022: -
Total Sold Listings*
- sold
Median Sold Price
-
Avg Days on Market
- days
Median Bidding
-
Compared to number of sold, same period, in 2024: -, in 2023: -, in 2022: -
*Data is for the month of May
Median Sold Price vs Average Days and Average Total Days on Market - South Section - All types
Sold vs Active vs New vs Relisted - South Section - All types
Sold Price Distribution - South Section - All types
Sold price distribution per the last 3 months's sold listings.
Property Type Distribution - South Section - All types
Property type distribution based on data from the last 3 months.
Median Price - South Section - All types
Population and Demographics
Overview
Total population 9
Average household income $87,063
Age (%)
65 and plus
33%
50 to 64
26%
35 to 49
15%
0 to 19
14%
20 to 34
12%
Household composition (%)
Single family
69%
Single person
28%
Multi person
3%
Multi family
0%
Mother tongue (%)
English
100%
Others
0%
House tenancy (%)
Owners
92%
Renters
8%