CobbanHousing market

Cobban

Cobban Housing Market Report

Buyer's Market

All types - for the month of February

Buyer's market Seller's market

6

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 +3 months indicates a buyers's market, where homes are selling slowly and there are more homes than available buyers.

47

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*

63 active

New

30(+150.00% YoY)

Relisted

2(0% YoY)

Compared to number of active, same period, in 2024: 12, in 2023: 9, in 2022: 6

Total Sold Listings*

11 sold

Median Sold Price

$1,222,500

Avg Days on Market

47 days

Median Bidding

-$24,400

Compared to number of sold, same period, in 2024: 8, in 2023: 4, in 2022: 8

*Data is for the month of February

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

Unknown for 1585 Rose Way #101, Milton Ontario L9T 7E7

14 hours on market

Up to7K Cashback

1585 Rose Way #101, Milton

Condo22900-999 sq ft

Listed by SAM MCDADI REAL ESTATE INC.

Home with brick exterior material, street for 525 Fir Crt, Milton Ontario L9E 1M3

1 day on market

Up to8K Cashback

525 Fir Crt, Milton

Townhouse33- sq ft

Listed by Royal LePage Estate Realty

Unknown for 975 Whitlock Ave ##65, Milton Ontario L9E 1S9

3 days on market

Up to8K Cashback

975 Whitlock Ave ##65, Milton

Townhouse33- sq ft

Listed by CENTURY 21 PROPERTY ZONE REALTY INC.

Just sold - Cobban

Home with brick exterior material, street for 1338 Sycamore Garden N/A, Milton Ontario L9E 1R3

Sold for $1,027,450

$7K below asking

1338 Sycamore Garden N/A, Milton

Townhouse431500-2000 sq ft

Listed by ROYAL LEPAGE MEADOWTOWNE REALTY

Home with brick exterior material, street for 1338 Sycamore Garden, Milton Ontario L9E 1R3

Sold for $1,027,450

$7K below asking

1338 Sycamore Garden, Milton

Townhouse43+11928 sq ft

Listed by Royal LePage Meadowtowne Realty Inc., Brokerage

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 1569 Rose Way #113, Milton Ontario L9T 7E7

Sold 6 days ago

Sold for $629,900

$19K below asking

1569 Rose Way #113, Milton

Condo22900-999 sq ft

Listed by RE/MAX REAL ESTATE CENTRE INC.

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