Cityplace
Cityplace

Cityplace Housing Market Report

Strong Buyer's Market

All types - for the month of March

Buyer's market Seller's market

8

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.

30

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*

140

New

78(+5.41% YoY)

Relisted

3(+50.00% YoY)

Compared to number of active, same period, in 2024: 108, in 2023: 56, in 2022: 39

Total Sold Listings*

17

Median Sold Price

$675,000

Avg Days on Market

30 days

Median Bidding

-$12,000

Compared to number of sold, same period, in 2024: 39, in 2023: 42, in 2022: 52

*Data is for the month of March

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

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

Sold Price Distribution - Cityplace - All types

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

Property Type Distribution - Cityplace - All types

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

Median Price - Cityplace - All types

Population and Demographics

Overview

Total population 6275
Average household income $142,715

Age (%)

20 to 34
54%
35 to 49
24%
0 to 19
9%
50 to 64
8%
65 and plus
5%

Household composition (%)

Single person
49%
Single family
38%
Multi person
13%
Multi family
0%

Mother tongue (%)

English
60%
Mandarin
9%
Yue (Cantonese)
5%
Spanish
4%
Hindi
4%
French
3%
Arabic
3%
Russian
2%
Iranian Persian
2%
Others
0%

House tenancy (%)

Renters
59%
Owners
41%

Top 2 Schools in Cityplace

Bishop MacDonell Catholic School20 Brunel Crt, M5V 3Y2, Toronto, ON
7.2/10
Public•JK-8
Jean Lumb Public School20 Brunel Ct, M5V 0R5, Toronto, ON
5.8/10
Public•JK-8

Transportation

Car Friendly

3/5

Arteries nearby, but traffic congestion and parking problems are possible

Pedestrian Friendly

4/5

All day-to-day needs are within walking distance

Transit Friendly

5/5

Near a subway and frequent bus lines

Shopping, Food and Nightlife

Cafes

5/5

Variety of cafés right on the street

Groceries

5/5

Several grocery stores nearby

Nightlife

4/5

Variety of bars within walking distance

Shopping

5/5

Wide variety of shops within a few minutes' walk

Restaurants

5/5

Variety of restaurants within a few minutes' walk