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

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.

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

Home with brick exterior material, street for 82 Simmons Blvd, Brampton Ontario L6V 3V6

Re-listed 1 hour ago

$•••,•••

Up to8K Cashback

82 Simmons Blvd, Brampton

Detached321100-1500 sq ft

Listed by RE/MAX REAL ESTATE CENTRE INC.

Home with brick exterior material, street for 9 Rainy Dale Rd, Brampton Ontario L6V 4S7

1 day on market

Up to9K Cashback

9 Rainy Dale Rd, Brampton

Semi-Detached331100-1500 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, street for 67 Sutherland Ave, Brampton Ontario L6V 2H6

2 days on market

Up to8K Cashback

67 Sutherland Ave, Brampton

Detached321100-1500 sq ft

Listed by ROYAL LEPAGE FLOWER CITY REALTY

Just sold - 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

Sold 22 hours ago

Sold for $925,000

$34K below asking

406 Hansen Rd, Brampton

Semi-Detached4+231500-2000 sq ft

Listed by TEAM HOME REALTY INC.

Home with brick exterior material, street for 14 Pennywood Rd, Brampton Ontario L6V 2J7

Sold 3 days ago

Sold for $730,000

$70K below asking

14 Pennywood Rd, Brampton

Detached3+22700-1100 sq ft

Listed by RE/MAX WEST REALTY INC.

Home with brick exterior material, street for 188 Weybridge Tr, Brampton Ontario L6V 3W2

Sold 7 days ago

Sold for $840,000

$41K above asking

188 Weybridge Tr, Brampton

Detached3+121100-1500 sq ft

Listed by SLAVENS & ASSOCIATES REAL ESTATE 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