MadocHousing market

Madoc

Madoc Housing Market Report

Strong Buyer's Market

All types - for the month of March

Buyer's market Seller's market

7

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.

23

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*

58 active

New

37(0% YoY)

Relisted

5(- YoY)

Compared to number of active, same period, in 2024: 38, in 2023: 15, in 2022: 31

Total Sold Listings*

8 sold

Median Sold Price

$815,000

Avg Days on Market

23 days

Median Bidding

-$9,400

Compared to number of sold, same period, in 2024: 24, in 2023: 22, in 2022: 35

*Data is for the month of March

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

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

Sold Price Distribution - Madoc - All types

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

Property Type Distribution - Madoc - All types

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

Median Price - Madoc - All types

Just listed - Madoc

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 406 Hansen Rd, Brampton Ontario L6V 3P7

3 days on market

Up to10K Cashback

406 Hansen Rd, Brampton

Semi-Detached4+23- sq ft

Listed by TEAM HOME REALTY INC.

Home with vinyl exterior material, street for 19 Bramhall Circ, Brampton Ontario L6V 2G3

4 days on market

Up to4K Cashback

19 Bramhall Circ, Brampton

Semi-Detached3+131100-1500 sq ft

Listed by CENTURY 21 EMPIRE REALTY INC

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 222 Simmons Blvd, Brampton Ontario L6V 3Y1

5 days on market

Up to10K Cashback

222 Simmons Blvd, Brampton

Detached3+131500-2000 sq ft

Listed by SIGNATURE REALTY POINT

Just sold - Madoc

Unknown for 13 Foxacre Row, Brampton Ontario L6V 3V7

Sold 4 days ago

Sold for $870,000

$69K below asking

13 Foxacre Row, Brampton

Semi-Detached4+23- sq ft

Listed by AK EMPIRE

Home with brick exterior material, street for 30 Winterfold Dr, Brampton Ontario L6V 3T2

Sold 19 days ago

Sold for $825,000

$25K below asking

30 Winterfold Dr, Brampton

Detached321500-2000 sq ft

Listed by RE/MAX REALTY SPECIALISTS INC.

Home with brick exterior material, street for 43 Ashurst Cres, Brampton Ontario L6V 3N6

Sold 21 days ago

Sold for $805,000

$6K above asking

43 Ashurst Cres, Brampton

Semi-Detached4+23- sq ft

Listed by BAHIA REALTY GROUP INC.

Population and Demographics

Overview

Total population 20842

Average household income $115,472

Age (%)

20 to 34

25%

0 to 19

23%

35 to 49

21%

50 to 64

19%

65 and plus

12%

Household composition (%)

Single family

73%

Single person

17%

Multi person

8%

Multi family

3%

Mother tongue (%)

English

59%

Punjabi (Panjabi)

13%

Urdu

4%

Spanish

4%

Others

3%

Tagalog (Pilipino, Filipino)

3%

Hindi

3%

Gujarati

2%

Portuguese

2%

House tenancy (%)

Owners

74%

Renters

26%

Top 2 Schools in Madoc

St Joachim Separate School435 Rutherford Rd N, L6V 3V9, Brampton, ON

6/10

Public•JK-8

Father C W Sullivan Catholic School62 Seaborn Rd, L6V 2C1, Brampton, ON

5.5/10

Public•JK-8

Transportation

Car Friendly

4/5

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

Pedestrian Friendly

3/5

Few day-to-day needs are within walking distance

Transit Friendly

2/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

2/5

Some cafés within walking distance

Groceries

3/5

At least one grocery store within a 15-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

3/5

Variety of shops within walking distance

Restaurants

3/5

Some restaurants within walking distance