Glenorchy
Glenorchy

Glenorchy Housing Market Report

Strong Buyer's Market

All types - for the month of February

Buyer's market Seller's market

12

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.

59

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*

156

New

96(+54.84% YoY)

Relisted

3(+50.00% YoY)

Compared to number of active, same period, in 2024: 63, in 2023: 22, in 2022: 29

Total Sold Listings*

13

Median Sold Price

$1,250,000

Avg Days on Market

59 days

Median Bidding

-$15,900

Compared to number of sold, same period, in 2024: 24, in 2023: 25, in 2022: 36

*Data is for the month of February

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

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

Sold Price Distribution - Glenorchy - All types

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

Property Type Distribution - Glenorchy - All types

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

Median Price - Glenorchy - All types

Population and Demographics

Overview

Total population 15547
Average household income $164,975

Age (%)

0 to 19
32%
35 to 49
28%
20 to 34
18%
50 to 64
15%
65 and plus
7%

Household composition (%)

Single family
83%
Single person
14%
Multi person
2%
Multi family
1%

Mother tongue (%)

English
47%
Mandarin
13%
Arabic
10%
Urdu
7%
Yue (Cantonese)
3%
Spanish
3%
Hindi
2%
Korean
2%
Punjabi (Panjabi)
1%
Others
1%

House tenancy (%)

Owners
74%
Renters
26%

Top 3 Schools in Glenorchy

Dr. David R. Williams Public School3199 Post Rd., L6H 7C5, Oakville, ON
7.7/10
Public•JK-8
Oodenawi Public School385 Sixteen Mile Drive, L6M 0Z4, Oakville, ON
7.2/10
Public•JK-8
St. Gregory the Great Catholic Elementary School138 Sixteen Mile Drive, L6M 0T7, Oakville, ON
7.1/10
Public•JK-8

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast amount of parking nearby

Pedestrian Friendly

2/5

Other transportation modes are needed to reach day-to-day needs

Transit Friendly

1/5

Few transit options

Shopping, Food and Nightlife

Cafes

1/5

Few or no 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

2/5

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance