CobbanHousing market

Cobban

Cobban Housing Market Report

Balanced Market

All types - for the month of March

Buyer's market Seller's market

5

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 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

28

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*

59 active

New

43(+104.76% YoY)

Relisted

5(+400.00% YoY)

Compared to number of active, same period, in 2024: 21, in 2023: 5, in 2022: 9

Total Sold Listings*

12 sold

Median Sold Price

$907,500

Avg Days on Market

28 days

Median Bidding

-$8,725

Compared to number of sold, same period, in 2024: 10, in 2023: 13, in 2022: 14

*Data is for the month of March

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

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

Sold Price Distribution - Cobban - All types

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

Property Type Distribution - Cobban - All types

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

Median Price - Cobban - All types

Just listed - Cobban

Home with brick exterior material, unknown for 1597 Rose Way #112, Milton Ontario L9E 1N4

Re-listed 1 day ago

$•••,•••

Up to10K Cashback

1597 Rose Way #112, Milton

Condo22900-999 sq ft

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Home with brick exterior material, unknown for 1597 Rose Way #107, Milton Ontario L9E 1N4

Re-listed 1 day ago

$•••,•••

Up to10K Cashback

1597 Rose Way #107, Milton

Condo22900-999 sq ft

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Living room with furniture, unknown for 1577 Rose Way #109, Milton Ontario L9E 1N4

4 days on market

Up to8K Cashback

1577 Rose Way #109, Milton

Condo221200-1399 sq ft

Listed by HOMELIFE SILVERCITY REALTY INC.

Just sold - Cobban

Home with brick exterior material, street for 1358 Sycamore Gdns, Milton Ontario L9T 2X5

Sold 2 days ago

Sold for $970,000

$30K below asking

1358 Sycamore Gdns, Milton

Townhouse331500-2000 sq ft

Listed by IPRO REALTY LTD.

Home with brick exterior material, street for 1331 Rose Way, Milton Ontario L9E 1M3

Sold 5 days ago

Sold for $1,142,000

1331 Rose Way, Milton

Detached432000-2500 sq ft

Listed by HOMELIFE/MIRACLE REALTY LTD

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, unknown for 1222 Rose Way #70, Milton Ontario L9E 1P1

Sold 8 days ago

Sold for $840,000

$10K below asking

1222 Rose Way #70, Milton

Townhouse331100-1500 sq ft

Listed by HOMELIFE TODAY REALTY LTD.

Population and Demographics

Overview

Total population 4551

Average household income $138,341

Age (%)

0 to 19

35%

35 to 49

27%

20 to 34

21%

50 to 64

11%

65 and plus

5%

Household composition (%)

Single family

88%

Single person

9%

Multi person

2%

Multi family

1%

Mother tongue (%)

English

50%

Urdu

17%

Arabic

7%

Spanish

3%

Punjabi (Panjabi)

3%

Mandarin

2%

Hindi

2%

Tagalog (Pilipino, Filipino)

2%

Others

2%

House tenancy (%)

Owners

81%

Renters

19%

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

Some cafés within walking distance

Groceries

2/5

At least one grocery store within a 30-minute walk

Nightlife

0/5

Few or no bars within walking distance

Shopping

1/5

Few or no shops within walking distance

Restaurants

2/5

Some restaurants within walking distance