OronoHousing market

Orono

Orono Housing Market Report

Strong Seller's Market

All types - for the month of March

Buyer's market Seller's market

2

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.

6

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*

3 active

New

4(+300.00% YoY)

Relisted

2(- YoY)

Compared to number of active, same period, in 2024: 3, in 2023: 1, in 2022: 1

Total Sold Listings*

2 sold

Median Sold Price

$920,000

Avg Days on Market

6 days

Median Bidding

$45,150

Compared to number of sold, same period, in 2024: 1, in 2023: 1, in 2022: 2

*Data is for the month of March

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

Sold vs Active vs New vs Relisted - Orono - All types

Sold Price Distribution - Orono - All types

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

Property Type Distribution - Orono - All types

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

Median Price - Orono - All types

Just listed - Orono

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 58 Peters Pike N/A, Clarington Ontario L0B 1M0

Re-listed 10 days ago

$•••,•••

Up to8K Cashback

58 Peters Pike N/A, Clarington

Detached3+121500-2000 sq ft

Listed by COLDWELL BANKER - R.M.R. REAL ESTATE

Home with brick exterior material, street for 5297 Main St, Clarington Ontario L0B 1M0

10 days on market

$•••,•••

Up to9K Cashback

5297 Main St, Clarington

Detached3+121500-2000 sq ft

Listed by EXP REALTY

Unknown for 59 Church St, Clarington Ontario L0B 1M0

Re-listed 37 days ago

$•••,•••

Up to7K Cashback

59 Church St, Clarington

Detached311100-1500 sq ft

Listed by ROYAL SERVICE REAL ESTATE INC.

Just sold - Orono

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 136 Station St, Clarington Ontario L0B 1M0

Sold 6 days ago

Sold for $615,000

$15K above asking

136 Station St, Clarington

Detached32- sq ft

Listed by COLDWELL BANKER - R.M.R. REAL ESTATE

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, unknown for 4772 Main St, Clarington Ontario L0B 1M0

Sold 13 days ago

Sold for $1,225,000

$75K above asking

4772 Main St, Clarington

Detached3+131500-2000 sq ft

Listed by OUR NEIGHBOURHOOD REALTY INC.

Unknown for 169 Mill St, Clarington Ontario L0B 1M0

Sold 60 days ago

Sold for $800,000

$125K above asking

169 Mill St, Clarington

Detached32- sq ft

Listed by TFG REALTY LTD.

Population and Demographics

Overview

Total population 631

Average household income $134,059

Age (%)

50 to 64

23%

65 and plus

21%

0 to 19

21%

20 to 34

18%

35 to 49

17%

Household composition (%)

Single family

73%

Single person

24%

Multi person

3%

Multi family

1%

Mother tongue (%)

English

96%

Others

3%

House tenancy (%)

Owners

80%

Renters

20%

Top 1 School in Orono

Orono Public School171 Church St, L0B 1M0, Orono, ON

6.1/10

Public•JK-6

Transportation

Car Friendly

5/5

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

Pedestrian Friendly

1/5

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

1/5

Few or no restaurants within walking distance