Discovery BayHousing market

Discovery Bay

Discovery Bay Housing Market Report

Seller's Market

All types - for the month of March

Buyer's market Seller's market

2

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.

20

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*

17 active

New

18(-21.74% YoY)

Relisted

1(- YoY)

Compared to number of active, same period, in 2024: 17, in 2023: 5, in 2022: 8

Total Sold Listings*

8 sold

Median Sold Price

$820,000

Avg Days on Market

20 days

Median Bidding

-$5,987

Compared to number of sold, same period, in 2024: 16, in 2023: 15, in 2022: 20

*Data is for the month of March

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 8 Varley Dr, Ajax Ontario L1S 4V5

1 day on market

Up to13K Cashback

8 Varley Dr, Ajax

Detached4+252000-2500 sq ft

Listed by RIGHT AT HOME REALTY

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 17 Lucas Lane #27, Ajax Ontario L1S 3P7

2 days on market

Up to8K Cashback

17 Lucas Lane #27, Ajax

Condo3+111000-1199 sq ft

Listed by EASTIDE REALTY

Unknown for 25 Cumberland Lane #112, Ajax Ontario L1S 7K1

Re-listed 3 days ago

$•••,•••

Up to6K Cashback

25 Cumberland Lane #112, Ajax

Condo221200-1399 sq ft

Listed by LAND & GATE REAL ESTATE INC.

Just sold - Discovery Bay

Home with brick exterior material, street for 19 Parkes Dr, Ajax Ontario L1S 4W4

Sold 4 days ago

Sold for $1,232,000

$48K below asking

19 Parkes Dr, Ajax

Detached442500-3000 sq ft

Listed by ROYAL LEPAGE SIGNATURE REALTY

Home with brick exterior material, street for 27 Hawkins Cres, Ajax Ontario L1S 4Y4

Sold 6 days ago

Sold for $915,000

$20K above asking

27 Hawkins Cres, Ajax

Detached3+131500-2000 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

Sold 12 days ago

Sold for $845,000

$20K below asking

62 Swanston Cres, Ajax

Detached321100-1500 sq ft

Listed by RE/MAX REALTRON WENDY ZHENG 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