ShorearcesHousing market

Shorearces

Shorearces Housing Market Report

Balanced Market

All types - for the month of February

Buyer's market Seller's market

4

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.

19

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*

39 active

New

29(+52.63% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 10, in 2023: 4, in 2022: 5

Total Sold Listings*

11 sold

Median Sold Price

$1,410,000

Avg Days on Market

19 days

Median Bidding

-

Compared to number of sold, same period, in 2024: 8, in 2023: 14, in 2022: 21

*Data is for the month of February

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

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

Sold Price Distribution - Shorearces - All types

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

Property Type Distribution - Shorearces - All types

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

Median Price - Shorearces - All types

Just listed - Shorearces

Home with brick exterior material, street for 453 Taylor Cres, Burlington Ontario L7L 6G2

14 hours on market

Up to5K Cashback

453 Taylor Cres, Burlington

Townhouse331100-1500 sq ft

Listed by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

Home with brick exterior material, street for 4232 Longmoor Dr, Burlington Ontario L7L 4Z9

1 day on market

Up to8K Cashback

4232 Longmoor Dr, Burlington

Detached432000-2500 sq ft

Listed by SUTTON GROUP-ADMIRAL REALTY INC.

Unknown for 344 Camelot Crt, Burlington Ontario L7L 2G3

1 day on market

Up to11K Cashback

344 Camelot Crt, Burlington

Detached442500-3000 sq ft

Listed by RE/MAX ESCARPMENT REALTY INC.

Just sold - Shorearces

Home with brick exterior material, street for 4489 Shane Crt, Burlington Ontario L7L 5M6

Sold 6 days ago

Sold for $1,160,000

$38K below asking

4489 Shane Crt, Burlington

Detached331500-2000 sq ft

Listed by Right At Home Realty, Brokerage

Home with brick exterior material, street for 241 Glen Afton Dr, Burlington Ontario L7L 1G8

Sold 7 days ago

Sold for $2,065,000

$114K below asking

241 Glen Afton Dr, Burlington

Detached432000-2500 sq ft

Listed by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

Home with brick exterior material, street for 358 Arden Cres, Burlington Ontario L7L 2A8

Sold 8 days ago

Sold for $1,680,000

$118K below asking

358 Arden Cres, Burlington

Detached4+14- sq ft

Listed by KELLER WILLIAMS EMPOWERED REALTY

Population and Demographics

Overview

Total population 9542

Average household income $192,769

Age (%)

0 to 19

23%

65 and plus

22%

50 to 64

21%

35 to 49

19%

20 to 34

14%

Household composition (%)

Single family

79%

Single person

20%

Multi person

1%

Multi family

0%

Mother tongue (%)

English

89%

Others

5%

Polish

1%

Mandarin

1%

Spanish

1%

House tenancy (%)

Owners

86%

Renters

14%

Top 3 Schools in Shorearces

Pauline Johnson Public School4350 Longmoor Dr, L7L 1X7, Burlington, ON

8.3/10

Public•JK-6

Nelson High School4181 New St, L7L 1T3, Burlington, ON

7.5/10

Public•9-12

St. Raphael Catholic Elementary School4056 New St, L7L 1S9, 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