MillcroftHousing market

Millcroft

Millcroft Housing Market Report

Balanced 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.

36

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*

30 active

New

15(-31.82% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 18, in 2023: 4, in 2022: 5

Total Sold Listings*

9 sold

Median Sold Price

$1,075,000

Avg Days on Market

36 days

Median Bidding

-$24,999

Compared to number of sold, same period, in 2024: 13, in 2023: 12, in 2022: 17

*Data is for the month of February

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

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

Sold Price Distribution - Millcroft - All types

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

Property Type Distribution - Millcroft - All types

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

Median Price - Millcroft - All types

Just listed - Millcroft

Home with brick exterior material, street for 2940 Addison St, Burlington Ontario L7M 4M6

11 hours on market

Up to4K Cashback

2940 Addison St, Burlington

Townhouse331100-1500 sq ft

Listed by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, unknown for 2333 Walker's Line #8, Burlington Ontario L7M 4T1

1 day on market

Up to5K Cashback

2333 Walker's Line #8, Burlington

Condo1+11800-899 sq ft

Listed by SUTTON GROUP QUANTUM REALTY INC.

Unknown for 4172 Vermont Cres, Burlington Ontario L7M 4A9

1 day on market

Up to10K Cashback

4172 Vermont Cres, Burlington

Detached4+16- sq ft

Listed by KINGSWAY REAL ESTATE

Just sold - Millcroft

Home with brick exterior material, street for 2141 Country Club Dr #11, Burlington Ontario L7M 4E5

Sold for $1,100,000

$11K above asking

2141 Country Club Dr #11, Burlington

Condo231400-1599 sq ft

Listed by RE/MAX ESCARPMENT REALTY INC.

Unknown for 2105 Berwick Dr #7, Burlington Ontario L7M 4B7

Sold 2 days ago

Sold for $885,000

$14K below asking

2105 Berwick Dr #7, Burlington

Condo331400-1599 sq ft

Listed by ROYAL LEPAGE SIGNATURE REALTY

Home with brick exterior material, street for 4231 Amaletta Cres, Burlington Ontario L7M 5C5

Sold 5 days ago

Sold for $1,805,000

$5K above asking

4231 Amaletta Cres, Burlington

Detached443000-3500 sq ft

Listed by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

Population and Demographics

Overview

Total population 10178

Average household income $201,005

Age (%)

0 to 19

24%

50 to 64

23%

35 to 49

20%

65 and plus

19%

20 to 34

14%

Household composition (%)

Single family

82%

Single person

16%

Multi person

1%

Multi family

0%

Mother tongue (%)

English

83%

Others

3%

Arabic

2%

Mandarin

2%

Spanish

2%

Italian

2%

French

1%

Punjabi (Panjabi)

1%

House tenancy (%)

Owners

93%

Renters

7%

Top 3 Schools in Millcroft

Charles R. Beaudoin Public School4313 Clubview Dr, L7M 5A1, Burlington, ON

7.7/10

Public•JK-8

Sacred Heart of Jesus Catholic Elementary School2222 Country Club Dr, L7M 4S5, Burlington, ON

7.5/10

Public•JK-8

Florence Meares Public School2102 Berwick Dr, L7M 4W6, Burlington, ON

7.1/10

Public•JK-8

Transportation

Car Friendly

5/5

Good access to freeways and major arteries, with a large amount of parking nearby

Pedestrian Friendly

3/5

Few day-to-day needs are within walking distance

Transit Friendly

2/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

2/5

Some 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

2/5

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance