Discovery BayHousing market

Discovery Bay

Discovery Bay Housing Market Report

Seller's Market

All types - for the month of February

Buyer's market Seller's market

3

Days of inventory (DOI)*

DOI 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 DOI of 0-3 months indicates a seller's market, where homes are selling quickly and there are more buyers than available homes.

16

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*

14 active

New

9(-43.75% YoY)

Relisted

1(- YoY)

Compared to number of active, same period, in 2024: 15, in 2023: 6, in 2022: 7

Total Sold Listings*

5 sold

Median Sold Price

$830,000

Avg Days on Market

16 days

Median Bidding

-$9,000

Compared to number of sold, same period, in 2024: 7, in 2023: 3, in 2022: 14

*Data is for the month of February

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

Sold vs Active vs New vs Relisted - Discovery Bay - All types

Sold Price Distribution - Discovery Bay - All types

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

Property Type Distribution - Discovery Bay - All types

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

Median Price - Discovery Bay - All types

Just listed - Discovery Bay

Home with brick exterior material, street for 15 Flowers Cres, Ajax Ontario L1S 4B9

15 hours on market

Up to10K Cashback

15 Flowers Cres, Ajax

Detached4+142000-2500 sq ft

Listed by CENTURY 21 LEADING EDGE REALTY INC.

Unknown for 193 Lake Driveway N/A #105, Ajax Ontario L1S 7H8

3 days on market

Up to4K Cashback

193 Lake Driveway N/A #105, Ajax

Condo22900-999 sq ft

Listed by RE/MAX HALLMARK FIRST GROUP REALTY LTD.

Home with vinyl exterior material, street for 62 Swanston Cres, Ajax Ontario L1S 3J6

3 days on market

Up to6K Cashback

62 Swanston Cres, Ajax

Detached32- sq ft

Listed by RE/MAX REALTRON WENDY ZHENG REALTY

Just sold - Discovery Bay

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, water/lake/river/ocean view for 72 Lake Driveway N/A, Ajax Ontario L1S 3X1

Sold 2 days ago

Sold for $1,430,000

$78K below asking

72 Lake Driveway N/A, Ajax

Detached3+152500-3000 sq ft

Listed by ROYAL HERITAGE REALTY LTD.

Home with brick exterior material, street for 7 Flowers Cres, Ajax Ontario L1S 4B9

Sold 6 days ago

Sold for $915,000

$65K above asking

7 Flowers Cres, Ajax

Detached33- sq ft

Listed by CENTURY 21 PERCY FULTON LTD.

Unknown for 144 Rands Rd, Ajax Ontario L1S 3P4

Sold 17 days ago

Sold for $725,000

$75K above asking

144 Rands Rd, Ajax

Condo2+12800-899 sq ft

Listed by LPT REALTY

Population and Demographics

Overview

Total population 6790

Average household income $142,936

Age (%)

50 to 64

24%

65 and plus

22%

0 to 19

20%

35 to 49

18%

20 to 34

16%

Household composition (%)

Single family

77%

Single person

20%

Multi person

2%

Multi family

1%

Mother tongue (%)

English

89%

Others

6%

French

1%

Tagalog (Pilipino, Filipino)

1%

House tenancy (%)

Owners

91%

Renters

9%

Top 3 Schools in Discovery Bay

Lakeside Public School4 Parkes Dr, L1S 4X1, Ajax, ON

8.1/10

Public•JK-8

Duffin's Bay Public School66 Pittmann Cres, L1S 3G4, Ajax, ON

7.3/10

Public•JK-8

St James Catholic School10 Clover Ridge Dr W, L1S 3E5, Ajax, ON

2.9/10

Public•JK-8

Transportation

Car Friendly

5/5

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

Pedestrian Friendly

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

1/5

Few or no bars within walking distance

Shopping

1/5

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance