Humber SummitHousing market

Humber Summit

Humber Summit Housing Market Report

Strong Buyer's Market

All types - for the month of March

Buyer's market Seller's market

10

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.

27

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*

31 active

New

18(-14.29% YoY)

Relisted

1(- YoY)

Compared to number of active, same period, in 2024: 27, in 2023: 10, in 2022: 9

Total Sold Listings*

3 sold

Median Sold Price

$973,000

Avg Days on Market

27 days

Median Bidding

-$29,000

Compared to number of sold, same period, in 2024: 7, in 2023: 12, in 2022: 8

*Data is for the month of March

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

Sold vs Active vs New vs Relisted - Humber Summit - All types

Sold Price Distribution - Humber Summit - All types

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

Property Type Distribution - Humber Summit - All types

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

Median Price - Humber Summit - All types

Just listed - Humber Summit

Unknown for 63 Riverside Dr, Toronto Ontario M9L 1J2

1 day on market

Up to14K Cashback

63 Riverside Dr, Toronto

Detached53- sq ft

Listed by EXP REALTY

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 59 Riverton Dr, Toronto Ontario M9L 2N8

2 days on market

Up to9K Cashback

59 Riverton Dr, Toronto

Semi-Detached441100-1500 sq ft

Listed by HOMELIFE/MIRACLE REALTY LTD

Unknown for 7 Benrubin Dr, Toronto Ontario M9L 2H3

6 days on market

Up to9K Cashback

7 Benrubin Dr, Toronto

Semi-Detached321100-1500 sq ft

Listed by HOMELIFE SUPERSTARS REAL ESTATE LIMITED

Just sold - Humber Summit

Home with brick exterior material, street for 93 Plunkett Rd, Toronto Ontario M9L 2J7

Sold 7 days ago

Sold for $940,000

$59K below asking

93 Plunkett Rd, Toronto

Semi-Detached4+13- sq ft

Listed by RIGHT STEP HOME REALTY INC.

Home with brick exterior material, street for 61 Riverton Dr, Toronto Ontario M9L 2N8

Sold 14 days ago

Sold for $973,000

$73K above asking

61 Riverton Dr, Toronto

Semi-Detached4+23- sq ft

Listed by RE/MAX WEST REALTY INC.

Home with brick exterior material, street for 41 Whitfield Ave, Toronto Ontario M9L 1G4

Sold 29 days ago

Sold for $1,070,000

$29K below asking

41 Whitfield Ave, Toronto

Detached321500-2000 sq ft

Listed by ROYAL LEPAGE TERREQUITY REALTY

Population and Demographics

Overview

Total population 11176

Average household income $97,300

Age (%)

0 to 19

23%

20 to 34

22%

50 to 64

19%

35 to 49

18%

65 and plus

17%

Household composition (%)

Single family

70%

Single person

20%

Multi person

7%

Multi family

3%

Mother tongue (%)

English

45%

Italian

12%

Urdu

8%

Punjabi (Panjabi)

7%

Spanish

6%

Assyrian Neo-Aramaic

3%

Vietnamese

3%

Others

3%

Arabic

2%

Gujarati

2%

Chaldean Neo-Aramaic

1%

Tagalog (Pilipino, Filipino)

1%

House tenancy (%)

Owners

64%

Renters

36%

Top 2 Schools in Humber Summit

Venerable John Merlini Catholic School123 Whitfield Ave, M9L 1G9, Toronto, ON

7.5/10

Public•JK-8

St Roch Catholic School174 Duncanwoods Dr, M9L 2E3, Toronto, ON

6/10

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

3/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

3/5

Some cafés within walking distance

Groceries

4/5

At least one grocery store within a few minutes' walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

2/5

Some shops within walking distance

Restaurants

3/5

Some restaurants within walking distance