West Grey
West Grey

West Grey Housing Market Report

Strong Buyer's Market

All types - for the month of March

Buyer's market Seller's market

7

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.

69

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*

76

New

28(-34.88% YoY)

Relisted

1(- YoY)

Compared to number of active, same period, in 2024: 84, in 2023: 43, in 2022: 8

Total Sold Listings*

11

Median Sold Price

$520,000

Avg Days on Market

69 days

Median Bidding

-$15,000

Compared to number of sold, same period, in 2024: 22, in 2023: 20, in 2022: 27

*Data is for the month of March

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

Sold vs Active vs New vs Relisted - West Grey - All types

Sold Price Distribution - West Grey - All types

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

Property Type Distribution - West Grey - All types

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

Median Price - West Grey - All types

Just sold - West Grey

View all

Population and Demographics

Overview

Total population 14017
Average household income $112,124

Age (%)

65 and plus
26%
50 to 64
24%
0 to 19
21%
35 to 49
15%
20 to 34
14%

Household composition (%)

Single family
71%
Single person
26%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
94%
Others
3%
German
3%

House tenancy (%)

Owners
85%
Renters
15%

Top 3 Schools in West Grey

St Peter's & St Paul's Separate School190 John St W, N0G 1R0, Durham, ON
4.7/10
Public•JK-8
Spruce Ridge Community School239 Kincardine Street, N0G 1R0, Durham, ON
3.7/10
Public•JK-8
Normanby Community School574 Louisa Street, N0G 1C0, Ayton, ON
3/10
Public•JK-8

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast amount of parking nearby

Pedestrian Friendly

0/5

Other transportation modes are needed to reach day-to-day needs

Shopping, Food and Nightlife

Cafes

0/5

Few or no cafés within walking distance

Groceries

0/5

No grocery stores within walking distance

Nightlife

0/5

Few or no bars within walking distance

Shopping

0/5

Few or no shops within walking distance

Restaurants

0/5

Few or no restaurants within walking distance