The OrchardHousing market

The Orchard

The Orchard Housing Market Report

Strong Buyer's Market

All types - for the month of March

Buyer's market Seller's market

6

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 5+ months indicates a buyer’s market, where homes are selling slowly and there are more homes than available buyers.

32

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*

37 active

New

19(+35.71% YoY)

Relisted

-(- YoY)

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

Total Sold Listings*

6 sold

Median Sold Price

$1,135,500

Avg Days on Market

32 days

Median Bidding

-$12,944

Compared to number of sold, same period, in 2024: 11, in 2023: 17, in 2022: 27

*Data is for the month of March

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

Unknown for 5240 Dundas St #B314, Burlington Ontario L7L 0J6

Re-listed 11 hours ago

$•••,•••

Up to5K Cashback

5240 Dundas St #B314, Burlington

Condo1+11600-699 sq ft

Listed by RE/MAX REAL ESTATE CENTRE INC.

Indoor foyer for 5317 Upper Middle Rd #104, Burlington Ontario L7L 0G8

Re-listed 1 day ago

$•••,•••

Up to5K Cashback

5317 Upper Middle Rd #104, Burlington

Condo1+11700-799 sq ft

Listed by SUTTON GROUP-ADMIRAL REALTY INC.

Home with brick exterior material, street for 2406 Curtis Rd, Burlington Ontario L7L 7M5

2 days on market

Up to10K Cashback

2406 Curtis Rd, Burlington

Townhouse33+11284 sq ft

Listed by Martin Smith Real Estate Brokerage

Just sold - The Orchard

Unknown for 5240 Dundas St #B414, Burlington Ontario L7L 0J6

Sold for $495,000

5240 Dundas St #B414, Burlington

Condo11628 sq ft

Listed by HOMELIFE MIRACLE REALTY LTD

Home with brick exterior material, street for 5327 McCormack Dr, Burlington Ontario L7L 7E8

Sold 6 days ago

Sold for $1,050,000

$50K above asking

5327 McCormack Dr, Burlington

Townhouse341500-2000 sq ft

Listed by Century 21 Miller Real Estate Ltd.

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

Sold 6 days ago

Sold for $1,185,200

$14K below asking

2209 Kenneth Cres, Burlington

Detached331500-2000 sq ft

Listed by EXP REALTY

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