The OrchardHousing market

The Orchard

The Orchard 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.

58

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*

29 active

New

22(+22.22% YoY)

Relisted

1(0% YoY)

Compared to number of active, same period, in 2024: 11, in 2023: 4, in 2022: 5

Total Sold Listings*

11 sold

Median Sold Price

$1,199,999

Avg Days on Market

58 days

Median Bidding

-$14,900

Compared to number of sold, same period, in 2024: 11, in 2023: 4, in 2022: 21

*Data is for the month of February

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

Sold vs Active vs New vs Relisted - The Orchard - All types

Sold Price Distribution - The Orchard - All types

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

Property Type Distribution - The Orchard - All types

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

Median Price - The Orchard - All types

Just listed - The Orchard

Home with brick exterior material, street for 2209 Kenneth Cres, Burlington Ontario L7L 6T4

3 days on market

Up to6K Cashback

2209 Kenneth Cres, Burlington

Detached33- sq ft

Listed by EXP REALTY

Home with brick exterior material, street for 5441 Jacada Rd, Burlington Ontario L7L 7N3

3 days on market

Up to7K Cashback

5441 Jacada Rd, Burlington

Detached432000-2500 sq ft

Listed by RE/MAX ESCARPMENT REALTY INC.

Home with brick exterior material, street for 5253 Nova Cres, Burlington Ontario L7L 7B8

3 days on market

Up to14K Cashback

5253 Nova Cres, Burlington

Detached3+14- sq ft

Listed by HOMELIFE LANDMARK REALTY INC.

Just sold - The Orchard

Home with brick exterior material, street for 5087 Forest Grove Cres, Burlington Ontario L7L 6G6

Sold for $1,665,000

$34K below asking

5087 Forest Grove Cres, Burlington

Detached4+142500-3000 sq ft

Listed by KELLER WILLIAMS EDGE REALTY

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 5260 Dundas St #205, Burlington Ontario L7R 0J7

Sold 2 days ago

Sold for $493,000

$17K below asking

5260 Dundas St #205, Burlington

Condo1+11600-699 sq ft

Listed by ACCESS HOMES REALTY SERVICES INC.

Home with brick exterior material, street for 5334 Cachet Cres, Burlington Ontario L7L 7N5

Sold 2 days ago

Sold for $1,300,000

5334 Cachet Cres, Burlington

Detached3+14- sq ft

Listed by Platinum Lion Realty Inc

Population and Demographics

Overview

Total population 9565

Average household income $184,435

Age (%)

0 to 19

32%

35 to 49

26%

50 to 64

20%

20 to 34

14%

65 and plus

8%

Household composition (%)

Single family

82%

Single person

16%

Multi person

1%

Multi family

1%

Mother tongue (%)

English

78%

Mandarin

3%

Arabic

3%

Others

3%

Spanish

2%

Portuguese

2%

Polish

2%

Punjabi (Panjabi)

2%

House tenancy (%)

Owners

90%

Renters

10%

Top 5 Schools in The Orchard

St. Elizabeth Seton Catholic Elementary School5070 Dryden Ave, L7L 6Y3, Burlington, ON

8/10

Public•JK-8

Corpus Christi Catholic Secondary School5150 Upper Middle Rd, L7L 0E5, Burlington, ON

7.8/10

Public•9-12

John William Boich Public School2474 Sutton Dr, L7L 0G2, Burlington, ON

7.4/10

Public•JK-8

St. Christopher Catholic Elementary School2400 Sutton Drive, L7L 7N2, Burlington, ON

7.1/10

Public•JK-8

Alexander's Public School2223 Sutton Drive, L7L 0B9, Burlington, ON

6.5/10

Public•JK-8

Transportation

Car Friendly

4/5

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

Pedestrian Friendly

2/5

Few day-to-day needs are within walking distance

Transit Friendly

1/5

Few transit options

Shopping, Food and Nightlife

Cafes

2/5

Few or no cafés within walking distance

Groceries

2/5

At least one grocery store within a 30-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